Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025

• Singapore Exchange (SGX) plans to introduce Bitcoin perpetual futures in the second half of 2025, targeting institutional investors only.
• Singapore leads globally in blockchain innovation, with over 1,600 patents and 81 crypto exchanges, reinforcing SGX’s digital asset expansion.

In the second half of 2025, the Singapore Exchange (SGX) is prepared to launch a Bitcoin perpetual futures contract. This move not only shows that traditional exchanges are beginning to fairly support the fast-expanding digital asset market but also serves as a commercial strategy.

BREAKING:

SINGAPORE EXCHANGE TO OFFER BITCOIN FUTURES WITH NO EXPIRY!

ASIA IS GIGA BULLISH ON #BITCOIN!!! pic.twitter.com/jfg7tBq67r

— Crypto Rover (@rovercrc) March 10, 2025

Perpetual Futures: A Game Changer for Institutional Investors

For those unfamiliar, perpetual futures are derivative instruments enabling traders to speculate on Bitcoin price movements without having to own the actual asset. Unlike standard futures contracts, these instruments lack an expiration date, thus traders may keep their positions as long as they want as long as they have enough margin and capital.

SGX seems to see great potential here. For retail and institutional traders, crypto exchanges such as Binance and OKEx have long depended mostly on this product as a draw-in.

However, SGX is taking a more conservative approach by only opening access to professional and institutional investors. This means that retail investors will not be able to participate in trading this instrument on SGX.

Singapore’s Thriving Blockchain Landscape Fuels SGX’s Move

Given Singapore’s blockchain and crypto ecosystem, SGX’s decision was not unexpected. With over 1,600 blockchain patents and 81 running crypto exchanges as of December 2024, Singapore was a global leader, according to CNF. The country also scored 85.4 in the global ranking for the blockchain ecosystem.

Moreover, more than 2,400 jobs in Singapore today are connected to blockchain technology, so fostering an ecosystem that supports the expansion of this sector in several spheres. Under these circumstances, SGX is naturally seeking to be a leader among traditional exchanges beginning to embrace digital assets.

Regulation and Security Remain Priorities

Still, the Singaporean government is wary even among this optimism. Increasing cases of fraud involving crypto assets are forcing authorities to tighten control. Recently, a minister from Singapore advised the people on the dangers of investing in digital assets.

The Anti-Fraud Protection Bill was actually passed in the country, enabling authorities to halt transactions believed to involve victims of fraud.

This move strikes the harmony between control and creativity. The government wants to help the sector flourish, on the one hand, but they still aim to protect investors from unwarranted risks.

Rivalry with Hong Kong in the Crypto Ecosystem

Fascinatingly, SGX’s action also coincides with ever more intense rivalry from Hong Kong. According to recent reports, both Singapore and Hong Kong are now leading initiatives by Asian governments to make their areas main hubs for the crypto industry. Their success is inseparable from the global growth of the crypto sector, particularly following US President Donald Trump’s industry support.

They have different approaches. Singapore focuses more on strict regulations and strict supervision of crypto-based exchanges and investment products. Meanwhile, Hong Kong is more open to crypto-friendly policies, allowing more projects and innovations to develop more freely.