SGX's Bitcoin Futures to Bridge Traditional Finance and Crypto

According to Bloomberg, it is expected to go live in the second half of 2025. It will mark a significant milestone for the exchange's push into the crypto market.

Singapore Exchange (SGX) is set to introduce perpetual Bitcoin futures in the second half of 2025, reported Bloomberg. The move marks a significant step for SGX’s initiative to integrate cryptocurrency products into its offerings.

The exchange’s spokesperson stated that the launch will “greatly expand institutional market access” and bring more traditional investors into the crypto space. SGX will provide products that cater to institutional investors’ needs for risk management and portfolio diversification.

This launch is part of SGX's broader strategy to expand its offerings and attract new investors. The exchange has been actively exploring ways to incorporate crypto products into its portfolio, responding to the growing demand from institutional investors for exposure to digital assets.

''This launch is part of SGX's broader strategy to expand its offerings and attract new investors. The exchange has been actively exploring ways to incorporate crypto products into its portfolio, responding to the growing demand from institutional investors for exposure to digital assets.''

The introduction of Bitcoin futures could help to bridge the gap between traditional finance and the cryptocurrency market. It will also provide investors with a new and efficient way to hedge their risk and diversify their portfolios.

The development comes as SGX ramps up its efforts in the Web3 domain. Earlier this year, the exchange unveiled plans to introduce a new set of products and services focused on the metaverse, blockchain, and NFTs.

The exchange is also working on launching a tokenized security offering (TSO) and applying for a digital banking license from the Monetary Authority of Singapore (MAS).

As for Bitcoin, the world's leading cryptocurrency, is currently trading at around $66,136, remaining largely unchanged over the past 24 hours. However, in the past week, Bitcoin has shown a slight increase of about 1.4%.

At the beginning of this year, Bitcoin's price briefly touched the $72,000 mark, but it has since encountered selling pressure, leading to a decline of over 10% from the year's high. Despite this, Bitcoin is still up more than 60% year-to-date.

While the move by SGX to offer Bitcoin futures is good news for the exchange and for investors in Singapore, it is not clear what impact this will have on Bitcoin futures prices. However, given the growing interest in crypto from traditional financial institutions, it seems likely that this is only the beginning of SGX's involvement in the cryptocurrency market.

This could open up new opportunities for Bitcoin futures traders, as they will have access to a deep and liquid market with competitive trading fees.

The development is part of a broader trend of traditional financial institutions entering the cryptocurrency market. This move could be positive for Bitcoin futures, as it could lead to increased demand for the instruments.

However, it is important to note that the introduction of Bitcoin futures by SGX is still pending approval from the relevant authorities.

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