The main Exchang SgX in Singapore to provide future contracts for permanent bitcoin – Professor’s book

today Bloomberg I mentioned that the Singapore exchange (SGXIt plans to submit futures for permanent bitcoin in the second half of 2025. It will be only available to professional institutions and investors.

Permanent future contracts do not have expiration date, and the feeling of encryption derivatives for the first time by Excination Crypto Bitmex. Bloomberg previously stated that the Japanese Osaka Dujima exchange is also planning.

Singapore institutions have many encryption options

In Singapore, there are already multiple places for institutions to trade servers. At the beginning of 2024, Asianext I started to provide derivative trading. It is a joint venture between the six stock market in Switzerland and SBI Digital Asset Holdings, a subsidiary of SBI Holdings in Japan. Among the first participants, the market maker owned by the B2C2 and Wintermute market.

After a few months, Edxm Global Similar services were launched in Singapore. It is a subsidiary of the United States -based EDX market, which was founded by Citadel Securities, Fidelity Digital Assets, Virtu Financial and Charles Schwab, along with investment capital companies.

Asianext and EDXM offer for Bitcoin and Ether. EDXM trading pairs oppose against Stablecoins USDT and USDC, while asianext in dollars. Asianext also provides orthodontic futures.

SGX expands encryption, Blockchain arrival

So far, SGX has been more towards Blockchain and the distinctive symbol. In 2021, along with government -owned Timasik, he participated in establishing MarketnodeBlockchain Fundnode. Invest HSBC and EuroClear later on the project.

SGX was a founding investor in DBS Digital Exchang Each of the distinctive securities and encrypted currencies, although activities mainly included encryption.