Singapore Exchange Ltd. (SGX) should introduce the perpetual Bitcoin (BTC) future in the second half of 2025, marking a significant step for traditional exchange on the cryptographic derivative market, the exchange said.
These contracts, designed for institutional customers and professional investors, will not be accessible to retail merchants. Bloomberg reported for the first time SGX Bitcoin Perpetuals.
“The SGX group opens the way to the booming international institutional cryptography market with a perpetual future. In a space where confidence and credibility make all the difference, our innovative offer on a regulated trust platform will considerably extend access to the institutional market. Although subject to a regulatory process due, the initial comments on our product were positive on the part of the participants DEFI and TRADFI, “the company said in a statement.
SGX’s movement is aligned with a broader trend among traditional exchanges embracing cryptocurrency derivatives. Osaka Dojima Exchange Inc. of Japan is also looking for approval to list Bitcoin term contracts, reflecting the growing institutional interest in digital assets, in particular in the midst of pro-Crypto policies of the American government.
The planned Bitcoin perpetual future are always subject to a regulatory process due with the monetary authority of Singapore. Unlike traditional term contracts, perpetual contracts have no expiration date, allowing merchants to speculate continuously on price movements. SGX aims to provide a secure and regulated alternative for cryptographic trading, taking advantage of its AA2 note from Moody’s.
This initiative could improve institutional market participation in cryptocurrency while approaching credit risks associated with unregulated cryptography exchanges like Binance and OKX.
Update (March 10, 12:30 pm UTC): Updates the supply, adds an instruction from SGX.
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