Singapore Exchange (SGX), the nation’s premier exchange group, is set to introduce Bitcoin perpetual futures contracts in the latter half of 2025, targeting institutional clients and professional investors, as reported by Bloomberg News.
A spokesperson for SGX highlighted that this initiative aims to “significantly expand institutional market access.” The proposed offering is pending approval from the Monetary Authority of Singapore (MAS) and will be exclusively available to institutional and professional investors, with retail customers barred from trading these instruments.
Bitcoin perpetual futures are derivative contracts that allow traders to speculate on Bitcoin’s price movements without an expiration date, differing from traditional futures contracts that have set maturity dates. This product structure enables continuous trading and is a mainstay of crypto-native trading venues.
SGX’s move aligns with a broader trend among traditional financial institutions venturing into cryptocurrency derivatives. In January 2025, EDX Markets, backed by Citadel Securities, announced plans to offer crypto futures in Singapore. Additionally, Japan’s Osaka Dojima Exchange has sought approval to list Bitcoin futures, potentially becoming one of the first traditional exchanges in Asia to handle such products.
Singapore continues to bolster its position as a global leader in cryptocurrency and blockchain adoption, with the MAS implementing crypto-friendly regulations and doubling the number of crypto licenses issued in 2024.
