Singapore Exchange Enters Crypto Derivatives Market with Bitcoin Futures Offering
The Singapore Exchange (SGX) has revealed plans to introduce Bitcoin perpetual futures before the end of 2025, targeting institutional and professional investors.
This marks SGX’s strategic move to expand its product suite amid growing global interest in crypto assets. It aligns with broader trends of traditional financial institutions integrating crypto products.
Notably, unlike traditional futures contracts, perpetual futures do not have an expiration date. This allows investors to trade continuously based on the direction of Bitcoin prices.
Bolstering Institutional Confidence in Bitcoin
Industry leaders believe SGX’s entry into crypto derivatives is a significant step in framing Bitcoin as a legitimate asset.
Darius Sit,…
