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Singapore Exchange (SGX) is preparing to roll out Bitcoin and Ethereum perpetual futures on November 24, reflecting the growing appetite for regulated digital asset products among institutional investors. The move signals another step toward connecting traditional finance with the crypto ecosystem.
Why SGX Is Introducing Perpetual Futures
SGX Derivatives shared that the new products are being launched in response to rising interest from professional investors. These perpetual futures will let accredited and expert investors gain exposure to Bitcoin and Ethereum through derivatives that have no expiry date. The offering will fall under the supervision of the Monetary Authority of Singapore (MAS).
What Makes Perpetual Futures Different
Perpetual futures are among the most widely traded instruments in the global crypto market.
Unlike standard futures contracts, these do not expire, allowing traders to hold positions for as long as they want.
Participants pay or receive a funding rate based on market conditions, a feature that has made perpetuals extremely popular for continuous price speculation.
With SGX entering this space, the exchange could unlock a new revenue stream as institutional activity in digital asset derivatives continues to grow.
Not the First of Its Kind in Singapore
This launch marks the second offering of Bitcoin and Ethereum perpetual futures in the country. Earlier, EDXM International rolled out similar products in July, along with futures for assets like Solana and XRP. Singapore’s framework allows multiple licensed entities to offer such instruments as long as they comply with MAS regulations.
Regulation Continues to Play a Key Role
Singapore has gradually expanded its digital asset regulations while keeping consumer protection at the forefront.
Key developments include:
- The Financial Services and Markets Act (2022), which gave MAS wider authority over crypto firms based in Singapore but operating abroad.
- A June 30 compliance deadline, requiring Singapore-incorporated crypto providers to stop offering digital token services overseas unless properly licensed.
- Penalties for non-compliance, including fines up to SGD 250,000 (around USD 200,000) and potential jail time.
In Singapore, cryptocurrencies are legal but not classified as legal tender. Assets are categorized as digital payment tokens, securities, or utilities, allowing regulators to apply appropriate rules based on their nature.
A Balanced Approach to Innovation
By limiting access to these perpetual futures to accredited and expert investors, Singapore aims to support innovation while ensuring that high-risk products are traded only by those with the financial understanding and capability to manage them.
This combination of tight regulatory oversight, clear legal guidelines, and strong financial infrastructure continues to draw institutional players. As a result, Singapore remains one of Asia’s leading hubs for compliant digital asset activity.
Conclusion
SGX’s introduction of Bitcoin and Ethereum perpetual futures highlights Singapore’s strategy of nurturing a regulated yet innovative digital asset environment.
With growing institutional demand and a supportive regulatory framework, the city-state is positioning itself as a key destination for professional crypto trading and product development across Asia.
This article reflects the opinions of the publisher based on available information at the time of writing. It is not intended to provide financial advice, and it does not necessarily represent the views of the news site or its affiliates. Readers are encouraged to conduct further research or consult with a financial advisor before making any investment decisions.
