A new hetero-bimetallic polyoxometalate (POM) nano-ring was synthesized in a one-pot procedure. The structure consists of tetrameric units containing four bismuthsubstituted monolacunary Keggin anions including distorted [BiO 8 ] cubes. The nano-ring is formed via self-assembly from metal precursors in aqueous acidic medium. The compound (NH 4 ) 16 [(BiPMo 11 O 39 ) 4 ] • 22 H 2 O; (P 4 Bi 4 Mo 44 ) was characterized by single-crystal X-ray diffraction, extended X-ray absorption fine structure spectroscopy (EXAFS), Raman spectroscopy, matrix-assisted laser desorption/ionisation-time of flight mass spectrometry (MALDI-TOF), and thermogravimetry/differential scanning calorimetry mass spectrometry (TG-DSC-MS). The formation of the nano-ring in solution was studied by timeresolved in situ small-and wide-angle X-ray scattering (SAXS/ WAXS) and in situ EXAFS measurements at the MoÀ K and the BiÀ L 3 edge indicating a two-step process consisting of condensation of Mo-anions and formation of BiÀ Mo-units followed by a rapid self-assembly to yield the final tetrameric ring structure.Polyoxometalates (POMs) are structurally well-defined nanosized metal-oxo cluster anions consisting of early transition metals like niobium, vanadium, molybdenum, or tungsten cations in high oxidation states. [1] The structural variety of POMs offers the possibility to fine-tune their properties towards applications in biomedicine, [2] catalysis, [3] and material chemistry. [4] Among the POM structures derivatives of the Keggin-type [5] are especially interesting offering access to different substitutions within the POM-based materials. The variability is particularly well-established in polyoxomolybdate and -oxotungstate chemistry, where clusters featuring one or several metal cation binding sites (i. e., lacunary POMs) are formed. [6] Particularly, trivalent cations, such as Ce 3 + , Gd 3 + , and Co 3 + have been employed, since their high coordination number and flexible environment, allows for the formation of more complex architectures and superstructures. [7] Among the main group elements, Bi 3 + is used for connecting POM structures. [2a,b,7d,8] Bi 3 + -containing POMs are investigated for their use in biomedical applications, [2b] as proton conductors, [7d,9] and as catalysts. [10] In Bi-containing POMs, Bi 3 + cations typically adopt a trigonal-pyramidal coordination geometry. [8a,10,11] Hanaya et al. reported the successful preparation of three types of bismuth-tungsten oxide nanoclusters using lacunary silico-tungstates. Structuredirecting properties of Bi 3 + lone electron pair result in the formation of binuclear and tetranuclear cluster architectures. [8a] Villanneau et al. reported two bismuth-substituted structures [Bi{M 5 O 13 (OMe) 4 (NO)} 2 ] 3À (M=Mo, W), in which the Bi 3 + ions connect two monolacunary Lindqvist-type clusters, resulting in an unusual 8-fold coordination geometry around Bi 3 + . [12] First heteropolytungstates exhibiting a similar 8-fold squareantiprismatic coordination geometry were charact...