Singapore Exchange Ltd. (SGX) is set to introduce Bitcoin (BTC) Eternal futures in the second half of 2025, marking a significant step for the traditional exchange on the crypto derivatives market, according to a Bloomberg report.
These contracts, designed for institutional customers and professional investors, will not be available to retailers. SGX did not immediately respond to Coindesk’s request for comment.
SGX’s movement is in line with a broader trend among traditional exchanges that embrace cryptocurrency derivatives. Japan’s Osaka Dojima Exchange Inc. Also seeking approval to list Bitcoin Futures, reflecting growing institutional interest in digital assets, especially in the midst of pro-crypto policies from the US government.
The planned Bitcoin -Vige Futures is awaiting approval from Singapore’s monetary authority. Unlike traditional futures, eternal contracts have no expiry date, allowing traders to continuously speculate on price movements. SGX aims to provide a secure and regulated alternative to crypto trade and utilize its AA2 assessment from Moody’s.
This initiative could improve institutional market participation in cryptocurrency while addressing credit risks associated with unregulated crypto exchanges such as Binance and OKX.
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