Singapore Exchange Set to Launch Bitcoin Perpetual Futures in 2025
SGX provides institutional investors with a regulated alternative to cryptocurrency derivatives.
James Van Straten, CoinDesk Bot | Edited by Parikshit Mishra Updated Mar 10, 2025 12:32 UTC Published Mar 10, 2025 10:45 UTC
Key points:
- SGX Bitcoin Perpetual Futures will be aimed exclusively at institutional clients and professional investors.
- The contracts, which are strictly regulated by the Monetary Authority of Singapore, are designed to provide a safe and secure way to trade in the emerging cryptocurrency market.
Singapore Exchange Ltd. (SGX) plans to introduce Bitcoin (BTC) perpetual futures in the second half of 2025, marking a major development for the traditional exchange in the cryptocurrency derivatives space, the exchange said.
These contracts are intended exclusively for institutional clients and professional investors and will not be available to retail traders. Bloomberg was the first to report SGX's intentions regarding Bitcoin perpetual contracts.
“SGX Group is a leader in the growing international institutional crypto perpetual futures market. In an area where confidence and trust are important, our innovative offering on a secure and regulated platform will greatly enhance access to the institutional market. While our product is subject to regulatory review, initial feedback has been positive from both DeFi and TradFi participants,” the company said.
SGX's move is in line with a broader trend among traditional exchanges to include cryptocurrency derivatives in their operations. Japan's Osaka Dojima Exchange Inc. is also seeking approval to list bitcoin futures, reflecting growing institutional investor interest in digital assets, especially amid the U.S. government's pro-crypto policies.
The upcoming Bitcoin perpetual futures are still subject to strict regulation by the Monetary Authority of Singapore. Unlike traditional futures, perpetual contracts do not expire, allowing traders to speculate on price movements on an ongoing basis. SGX aims to offer a safe and regulated alternative for cryptocurrency trading, based on its Aa2 rating from Moody's.
This initiative could increase institutional investor participation in the cryptocurrency market while minimizing the credit risks associated with unregulated cryptocurrency exchanges such as Binance and OKX.
UPDATE (March 10, 12:30 UTC) : Updated sources to include statement from SGX.
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