The Singapore Exchange plans to launch Bitcoin perpetual futures contracts in the second half of 2025

According to Bloomberg, Singapore Exchange Ltd. plans to launch Bitcoin perpetual futures, which is a move by traditional exchanges to further penetrate the cryptocurrency derivatives market. A spokesperson for the Singapore Exchange stated that the company plans to launch these contracts in the second half of 2025 and will strictly target institutional clients and professional investors, prohibiting retail traders from trading these instruments. The Singapore Exchange hopes to become a bridge between regulated financial markets and the laissez faire world of cryptocurrency trading. A spokesperson for the company stated that they believe the products they offer will significantly expand access to institutional markets. The products in these plans are still awaiting approval from the Monetary Authority of Singapore.