TLDR
- SGX launches Bitcoin and Ethereum perpetual futures on November 24, 2025.
- Perpetual futures account for over US$187 billion in daily average global volumes.
- SGX contracts use CoinDesk indices and offer regulated, exchange-cleared access.
- Institutions gain crypto exposure under trusted clearing and margining standards.
Singapore is advancing its digital finance strategy as the Singapore Exchange (SGX) prepares to launch Bitcoin and Ethereum perpetual futures on November 24, 2025. This move provides institutional investors with access to regulated crypto derivatives for the first time in the city-state. By combining traditional market infrastructure with crypto innovation, SGX aims to strengthen Singapore’s position as a trusted hub for digital asset trading across Asia and beyond.
Singapore Exchange to Launch Perpetual Crypto Futures
SGX Derivatives, the derivatives arm of the Singapore Exchange, will launch Bitcoin and Ethereum perpetual futures on November 24, 2025. These contracts will operate within a regulated and exchange-cleared framework, providing institutional investors with continuous access to crypto derivatives without expiry.
This launch introduces regulated crypto derivatives into Asia’s most established financial hub. The new offering comes as demand grows across Asia for trading tools that offer deeper liquidity and stronger risk management in a regulated setup.
Institutional Focus Drives New Futures Offering
The SGX perpetual futures aim to meet the increasing interest from institutional investors who require trust, scale, and compliance. The exchange confirmed that these new futures will follow the same margining and clearing protocols used in traditional financial markets.
Michael Syn, President of SGX Group, said, “We have taken the next logical and deliberate step – applying the same institutional discipline that underpins global markets to crypto’s most traded pay-off.”
The contracts are benchmarked to iEdge CoinDesk Crypto Indices, offering price transparency and institutional-grade tracking for market participants.
Regional Demand Supports Singapore’s Strategy
Perpetual futures have become the dominant product in global crypto derivatives markets, contributing over US$187 billion in average daily volume. However, most of this volume remains off-exchange and offshore. SGX aims to bring more of this activity onshore to meet the demand from Asia-based investors.
Countries including India, Vietnam, South Korea, and Indonesia are closely watching Singapore’s regulatory approach. The addition of regulated perpetual futures gives traders and institutions in the region more confidence to increase their crypto exposure using trusted infrastructure.
Industry Response Shows Broad Support
The crypto and financial sectors have responded positively. Patrick Yeo from DBS Bank said, “Clearing and margining these derivatives under the same standards as traditional instruments paves the way for broader adoption.” DBS is also part of the cryptocurrency index committee supporting the product launch.
Leonard Hoh, General Manager of Bitstamp by Robinhood in Asia Pacific, said the move provides a “Singapore-anchored benchmark to reflect the liquidity we see in Asia.” Other major firms such as GSR, QCP, and Virtu Financial echoed this sentiment, emphasizing the importance of regulated infrastructure for institutional growth.
Building Singapore’s Digital Asset Ecosystem
SGX has steadily expanded its digital asset infrastructure, aiming to make Singapore a key crypto trading center in Asia. The Bitcoin and Ethereum perpetual futures support functions such as hedging, leverage control, and risk management.
By combining robust settlement, trusted benchmarks, and regulated trading conditions, SGX supports long-term institutional participation. The exchange is positioning itself as a link between traditional financial markets and the growing crypto sector.
This launch reinforces Singapore’s position as a trusted and transparent financial center in the region. It offers a regulated gateway for institutions seeking exposure to digital assets using familiar market structures.





