Singapore Exchange Plans Bitcoin Futures Launch in 2025

Generated by AI AgentCoin World
Monday, Apr 21, 2025 6:19 am ET1min read

The Singapore Exchange (SGX) has declared its intention to introduce Bitcoin perpetual futures in the latter half of 2025. This strategic move is designed to appeal to institutional investors, offering them a new pathway to participate in the cryptocurrency market. The launch of these futures contracts is anticipated to draw a substantial number of institutional players, who have been demonstrating a growing interest in digital assets. This initiative highlights SGX's dedication to broadening its product range and maintaining competitiveness in the swiftly changing financial environment. By providing Bitcoin perpetual futures, SGXSG-- aims to offer institutional investors a more adaptable and efficient method to manage their Bitcoin exposure, eliminating the necessity for physical delivery of the asset. This step is part of a wider trend in the financial sector, where traditional exchanges are increasingly adopting cryptocurrencies and blockchain technology. The rollout of these futures contracts is expected to bolster liquidity and price discovery in the Bitcoin market, making it more appealing to institutional investors. This action by SGX is likely to be closely monitored by other exchanges in the region, as they evaluate their own approaches to entering the cryptocurrency market. The introduction of Bitcoin perpetual futures by SGX represents a significant advancement in the realm of digital assets and is expected to positively influence the overall growth and adoption of cryptocurrencies.

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