Singapore Exchange, the exchange with largest market capitalization in Singapore, will introduce Bitcoin perpetual futures products targeting institutional and professional investors in the second half of 2025. A secure and trusted channel will be provided to big investors by SGX to trade Bitcoins. The contract is a continuous type without expiry.
What Are Bitcoin Perpetual Futures?
Bitcoin perpetual futures are essentially a contract through which traders can speculate on the price of Bitcoin at a later date without actually holding the coin itself. As opposed to regular futures that do expire, these contracts are essentially timeless since the trader has the option of holding onto them for as long as they see fit. Perpetuals are thus more convenient for professional traders wanting to take positions on an asset class over time.
SGX’s planned product will provide a secure and reliable way to trade these contracts. The exchange is working on this new offering to expand market access for large investors. A spokesperson at SGX mentioned that the firm hopes to offer a trusted alternative for trading cryptocurrency futures, supported by its strong rating of Aa2 from Moody’s. However, these Bitcoin products are solely suited for professional investors, and their being traded by retail investors is forbidden.
A Rise in Crypto Derivatives Interest
Singapore has established itself as an up-and-coming powerhouse in the field of cryptocurrency trading and blockchain technology. The Monetary Authority of Singapore has very friendly policies towards cryptocurrency, and the number of licenses for crypto in Singapore doubled during the year 2024. SGX would not be the first; Citadel Securities is already working with EDX Markets, a crypto asset firm, to launch the same in January 2025. In Japan, Osaka Dojima is also working toward approval to introduce the listing of Bitcoin futures; therefore, it will be among the first exchanges in Asia to adopt such a practice.
With mounting regulatory support and interest in digital assets, Asia is about to emerge as a core area for trading digital assets in Singapore. In turn, thus launching Bitcoin perpetual futures at SGX may draw more such institutional investors and work toward bridging the rather wide gap existing between finance that has always been known and practiced and the world of crypto.
