Singapore Exchange Ltd. (SGX) plans to introduce Bitcoin (BTC) perpetual futures in the second half of 2025, marking a major step into the crypto derivatives market. These contracts, designed for institutional and professional investors, will not be available to retail traders.
SGX aims to bridge traditional finance (TradFi) and decentralized finance (DeFi) by offering crypto derivatives on a trusted, regulated platform. “Our innovative offering will significantly expand institutional market access. While subject to regulatory approval, early feedback has been positive from both DeFi and TradFi participants,” SGX stated.
The move aligns with a broader trend of traditional exchanges embracing crypto. Japan’s Osaka Dojima Exchange is also seeking approval to list Bitcoin futures, highlighting growing institutional interest in digital assets amid pro-crypto policies from the U.S. government.
Unlike traditional futures, perpetual contracts have no expiration date, allowing continuous price speculation. SGX's initiative could attract institutional investors seeking a secure, regulated alternative to unregulated exchanges like Binance and OKX, addressing credit risk concerns.
The planned Bitcoin perpetual futures are pending regulatory approval from the Monetary Authority of Singapore. SGX, with its strong Aa2 rating from Moody’s, is positioning itself as a reliable institutional gateway to cryptocurrency trading.
Comment 0