Web Analytics
coinpedia
2025-03-10 14:56:44

Singapore Exchange to Introduce Bitcoin Perpetual Futures in 2025

The post Singapore Exchange to Introduce Bitcoin Perpetual Futures in 2025 appeared first on Coinpedia Fintech News The Singapore Exchange (SGX) is preparing to launch Bitcoin perpetual futures in the second half of 2025. This move aligns with the growing trend of crypto derivatives, with other major exchanges, such as Japan’s Osaka Dojima Exchange, also planning to introduce Bitcoin futures. Bitcoin Perpetual Futures Coming to SGX According to reports, SGX aims to enhance institutional access to cryptocurrency markets by offering a secure and regulated futures trading platform. The exchange has a strong reputation and is rated Aa2 by Moody’s Ratings, making it a reliable choice for institutional traders. However, this service won’t be open to small individual investors yet, as it’s still waiting for approval from Singapore’s financial authority (MAS). SGX said they want to give big investors a safe and regulated way to trade Bitcoin futures. By keeping small investors out, they ensure the platform stays focused on professionals who can manage risks better. Rising Interest in Crypto Futures SGX is not alone in its pursuit of Bitcoin futures. EDX Markets, a crypto asset firm backed by Citadel Securities, also announced plans to launch crypto futures trading in Singapore in early 2025. This trend reflects a broader movement among financial institutions looking to enter the cryptocurrency derivatives market. Crypto Market Remains Volatile Despite these bullish developments, the overall crypto market remains under pressure. Bitcoin recently dropped to $80,000, dragging down the broader market. Reports suggest that over $678 million in liquidations have occurred, contributing to the market’s instability. Even with SGX’s upcoming Bitcoin futures, traders remain cautious as macroeconomic uncertainties, such as new U.S. tariffs, continue to impact sentiment. While institutional adoption is growing, the crypto market still faces challenges that could shape its future direction in the coming months.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.