Singapore Exchange (SGX) to Introduce Bitcoin Perpetual Futures

Singapore Exchange Ltd. (SGX) plans to launch bitcoin (BTC) perpetual futures in the second half of 2025, according to a Bloomberg report. This initiative represents a crucial step for traditional exchanges entering the crypto derivatives market.

These contracts are tailored for institutional clients and professional investors, thus remaining inaccessible to retail traders. SGX has not responded to CoinDesk’s inquiry for comment.

This move aligns with a broader trend among traditional exchanges adopting cryptocurrency derivatives. Japan’s Osaka Dojima Exchange Inc. is also seeking approval to list bitcoin futures, mirroring the increasing institutional interest in digital assets, especially amid pro-crypto policies from the U.S. government.

The forthcoming bitcoin perpetual futures require approval from the Monetary Authority of Singapore. Unlike conventional futures, perpetual contracts do not have an expiration date, enabling traders to continually speculate on price movements. SGX aims to provide a secure and regulated alternative for crypto trading, capitalizing on its Aa2 rating from Moody’s.

This initiative could bolster institutional market participation in cryptocurrency while mitigating credit risks linked to unregulated crypto exchanges like Binance and OKX.

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