Singapore Exchange Ltd. (SGX) is set to introduce bitcoin (BTC) perpetual futures in the second half of 2025, marking a significant step for the traditional exchange into the crypto derivatives market, according to a Bloomberg report.
These contracts, designed for institutional clients and professional investors, will not be accessible to retail traders. SGX did not immediately respond to CoinDesk’s request for comment.
SGX’s move aligns with a broader trend among traditional exchanges embracing cryptocurrency derivatives. Japan’s Osaka Dojima Exchange Inc. is also seeking approval to list bitcoin futures, reflecting growing institutional interest in digital assets, particularly amid pro-crypto policies from the U.S. government.
The planned bitcoin perpetual futures are pending approval from the Monetary Authority of Singapore. Unlike traditional futures, perpetual contracts have no expiration date, allowing traders to speculate on price movements continuously. SGX aims to provide a secure and regulated alternative for crypto trading, leveraging its Aa2 rating from Moody’s.
This initiative could enhance institutional market participation in cryptocurrency while addressing credit risks associated with unregulated crypto exchanges like Binance and OKX.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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