SGX Eyes Crypto Perpetual Futures for Institutional Investors Amid Regulatory Review
– SGX plans to launch crypto perpetual futures for institutional investors, pending MAS approval.
– Contracts aim to provide exposure to major cryptocurrencies without direct asset ownership, enhancing liquidity.
– Products exclude retail investors due to market volatility, aligning with global regulatory caution.
– Expected by late 2023, the move reflects SGX’s strategy to expand crypto derivatives while prioritizing institutional-grade compliance.