Singapore Exchange Ltd. (SGX) is ready to introduce perpetual futures of Bitcoin (BTC) in the second half of 2025, marking a significant step for traditional exchange in the cryptographic derivatives market, according to a Bloomberg report.
These contracts, designed for institutional clients and professional investors, will not be accessible to retail merchants. SGX did not respond immediately to the request for comments from Coindesk.
The SGX movement is aligned with a broader trend among traditional exchanges that cover cryptocurrency derivatives. Osaka Dojima Exchange Inc. of Japan is also looking for approval to enumerate Bitcoin futures, reflecting the growing institutional interest in digital assets, particularly in the midst of pro-Crypto policies of the United States government.
The perpetual futures of Bitcoin planned are pending the approval of the Singapore monetary authority. Unlike traditional futures, perpetual contracts do not have an expiration date, allowing merchants to speculate on price movements continuously. SGX aims to provide a safe and regulated alternative for cryptography trade, taking advantage of its Moody’s AA2 qualification.
This initiative could improve the participation of the institutional market in the cryptocurrency while addressing the credit risks associated with unique cryptography exchanges such as Binance and OKX.
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