SGX Derivatives is set to transform institutional crypto trading with the launch of Bitcoin and Ethereum perpetual futures on 24 November 2025. This initiative aims to bring the discipline and transparency of global financial markets to the dynamic world of cryptocurrencies, offering a regulated exchange-cleared framework for these popular products.
Perpetual futures, which account for over $187b in daily average volumes globally, are now being brought onshore by SGX. This move enables institutions to trade Bitcoin and Ethereum with confidence and scale. Michael Syn, President of SGX Group, stated, “Digital assets have made their way into institutional investors’ portfolios. By bringing the perpetuals into an exchange-cleared regulated framework, we offer institutions the trust and scalability they have been waiting for.”
The contracts are benchmarked to iEdge CoinDesk Crypto Indices, aligning with widely recognised institutional-grade benchmarks. Andy Baehr, Head of Product and Research at CoinDesk Indices, noted, “We are excited to see SGX Derivatives bring perpetual futures onshore with traditional margining and clearing.”
The launch has been well-received by industry participants. Leonard Hoh, General Manager of Bitstamp by Robinhood Asia Pacific, remarked on the evolving market infrastructure, whilst Patrick Yeo of DBS Bank highlighted the enhanced precision and capital efficiency offered by crypto perpetuals. Joseph Chang, CEO of Liquibit Capital, praised SGX’s move as a key step in bringing regulated liquidity to Asia’s digital asset markets.
This development marks a significant milestone in the maturation of the digital asset ecosystem, providing a robust foundation for institutional participation and long-term growth.
