Singapore exchange plans flexible Bitcoin futures, excluding retail traders
Singapore-based exchange conglomerate is planning to launch open-ended Bitcoin future contracts in the second half of 2025.
Singapore Exchange, the region’s primary asset exchange, plans to launch Bitcoin (BTC) perpetual futures contracts in the second half of 2025 as traditional exchanges expand their offerings in the crypto derivatives market.
In a commentary for Bloomberg on March 10, an SGX spokesperson stated that the company will focus on institutional clients and professional investors, with retail customers excluded from access. While no specific timeframe was revealed, the spokesperson added that the offering will “significantly expand institutional market access” to the cryptocurrency.
The products still need approval from the Monetary Authority of Singapore. Perpetual futures, which have no expiry date, allow traders to bet on price changes without owning the underlying asset. These contracts are already popular on offshore crypto exchanges, with Citadel Securities-backed ventures also planning to offer perpetual futures in Singapore.
In mid-February, crypto.news reported that Robinhood Crypto aims to roll out its crypto services to Singaporean users under local regulations by late 2025 through recently-acquired crypto exchange Bitstamp. Robinhood acquired Bitstamp in June 2024 in a $200 million deal. As Johann Kerbrat, vice president and general manager of Robinhood Crypto, explained earlier, the company chose to acquire Bitstamp due to its Singaporean license.
Bitstamp had received an in-principle approval from the Monetary Authority of Singapore in 2024. The exchange will act as a gateway for Robinhood to expand its services into the Singaporean market under the guidance of local regulators.
