Singapore Exchange Ltd. (SGX) is set to introduce a permanent future for Bitcoin (BTC) in the second half of 2025, marking the crypto derivatives market a key step in traditional exchanges for traditional exchanges, according to a Bloomberg report.
Designed for institutional clients and professional investors, these contracts are inaccessible to retailers. SGX did not immediately respond to Coindesk’s request for comment.
The SGX movement coincides with a wider trend among traditional exchanges adopting cryptocurrency derivatives. Osaka, Japan’s Osaka, dojima Exchange Inc., is also seeking approval to list Bitcoin futures, reflecting the growing institutional interest in digital assets, particularly in its custody policy from the US government.
The planned lasting future of Bitcoin is pending approval from Singapore’s financial authorities. Unlike traditional futures, perpetual contracts do not have an expiration date, allowing traders to continually speculate about price movements. SGX aims to provide a secure, regulated alternative for crypto trading and leverages the AA2 rating from Moody’s.
The initiative could enhance participation in the cryptocurrency market while addressing the credit risks associated with unregulated crypto exchanges such as Binance and OKX.
Disclaimer: Part of this article was generated with the support of AI tools and reviewed by the editorial team to ensure accuracy and compliance with the standards. For more information, see Coindesk’s complete AI policy.
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