Exchang Test derivatives market with PitCoin decades planned – Tradingvief News

Singapore Exchang (SGX) plans to enter the coded currency derivative market by entering the permanent future of bitcoin in the second half of 2025.

As institutional interest in digital assets continues to rise, SGX aims to provide an organized platform with the new show. However, it is subject to the approval of the Monetary Authority in Singapore (MAS).

Institutional access to the future contracts of Bitcoin expands

SGX is said to be in line with the increasing demand for coding derivatives between institutional players. Reports come when Bitcoin faces momentum down. At the time of this report, digital assets changed for $ 83,264, which represents a 1 % and 10 % decrease a day and a day, respectively.

By launching the future contracts for Bitcoin Perpetual, SGX seeks to provide an alternative investment vehicle that allows traders to predict bitcoin price movements without maintaining the actual asset.

Permanent future contracts are a type of derivative contract, which resembles traditional future contracts, but without expiration date. It allows traders to predict the basic price movements (such as cryptocurrencies, stocks or goods) without owning the basic asset.

Singapore has placed itself as a friend of encryption, as the organizer doubles the number of encryption licenses issued in 2024.singapore is not alone in this direction.

Other major exchanges in Asia also explore Bitcoin Futures. According to the Osaka Dujima Stock Exchange in Japan, a request to obtain regulatory approval to include futures for Bitcoin, which makes it one of the first traditional exchanges in the region to provide such products, according to Cointelegraph.

Organizational approval and market trends

Meanwhile, EDX Markets, an encrypted asset company backed by castle papers, announced plans to enter futures for encryption in Singapore by early 2025. Derivatives such as permanent future contracts provide exposure to encrypted currency price movements without the need for direct ownership, which makes them an attractive option for institutions that are looking for the risk of risk.

Bitcoin Daily Plan, Source: Coinmarketcap

With SGX entering space, Singapore is preparing to enhance its position as a major player in adopting institutional encryption. If approved, the launch of the Bitcoin Perpetual Futures can represent another step in the role of the expanding country in the global digital assets market.

Meanwhile, the CME GROUP World Derivatives Group announced last year’s plans to expand the derivatives of the cryptocurrency it provides with Bitcoin and the futures futures.

“The launch of these new contracts that reincarnated on the small euro will provide customers with additional products to destroy Bitcoin and exposure to the ether in the second highest Fiat behind the US dollar -based contracts.”