Singapore exchange plans flexible Bitcoin futures, excluding retail traders

The Singapore -based exchange conglomerate plans to launch future bitcoin contracts open in the second half of 2025.

Singapore Exchange, the main exchange of assets in the region, plans to launch Bitcoin (BTC)) Perpetual term contracts in the second half of 2025, while traditional exchanges broaden their offers on the cryptographic derivative market.

In a comment For Bloomberg on March 10, an SGX spokesperson said that the company will focus on institutional customers and professional investors, with retail customers excluded from access. Although no specific delay has been revealed, the spokesperson added that the offer “will considerably extend access to the institutional market” to cryptocurrency.

Products still need approval from the Singapore monetary authority. Perpetual term contracts, which have no expiration date, allow traders to bet on price changes without having the underlying asset. These contracts are already popular on the exchanges of Crypto Offshore, with companies supported by Citadel titles also providing to offer perpetual term contracts in Singapore.

In mid-February, crypto.News reported This Robinhood Crypto aims to deploy its cryptography services to Singaporean users as part of local regulations by the end of 2025 on the recently acquired crypto exchange. Robinhood acquired Bitstamp in June 2024 in an agreement of $ 200 million. As Johann Kerbrat, vice-president and managing director of Robinhood Crypto, explained earlier, the company chose to acquire Bitstamp because of its Singaporean license.

Bitstamp had received an approval in principle from the monetary authority of Singapore in 2024. The exchange will act as a bridge for Robinhood to extend its services on the Singaporean market under the direction of local regulators.