Marex Group plc commenced clearing SGX's new Bitcoin and Ether perpetual futures on November 24, 2025, in Singapore. This development provides institutional traders with access to regulated crypto derivatives in Asia.
This partnership is designed to enhance institutional engagement within Asian crypto markets. It aims to offer greater transparency and regulatory compliance, which could potentially lead to increased trading volumes for Bitcoin and Ethereum.
Marex Group has initiated the clearing of SGX's new Bitcoin and Ethereum perpetual futures. This action represents a significant advancement towards establishing regulated crypto derivatives in the Asian market. The objective of these efforts is to deliver institutional-grade clearing services to this developing sector.
Under the joint leadership of Bill Doran and Loh Boon Chye, Marex and SGX have established a collaboration. Their shared goal is to facilitate transparent access to crypto derivatives. The introduction of these futures marks a notable shift in the availability of financial instruments within the region.
Institutional Access to Crypto Derivatives Expands in Asia
Institutional traders now have a regulated avenue for engaging with Bitcoin and Ethereum through SGX's derivatives offerings. The introduction of these perpetual futures is anticipated to stimulate higher trading volumes, thereby attracting substantial financial activity to the Asian market.
The launch of these products is expected to meet a growing demand for BTC and ETH futures. As these contracts are cleared through an exchange, they are expected to contribute to increased liquidity and security within the current market landscape. This initiative holds the potential for positive impacts on spot prices and broader institutional acceptance of cryptocurrencies.
SGX Crypto Futures Could Drive Billions in Capital
Previous market events, such as the introduction of CME's Bitcoin Futures in 2017, were followed by a significant increase in institutional adoption. In a similar vein, SGX's current initiative is poised to elicit a strong and positive response from the regional market. Central clearing is widely recognized as a crucial element in building confidence among institutional investors.
SGX’s move is a game-changer. Regulated, exchange-cleared perpetuals in Asia could attract billions in institutional capital. This is the next step in crypto’s maturation. - Raoul Pal, CEO, Real Vision
Industry experts foresee that the availability of regulated access to derivatives could attract billions of dollars in institutional capital. Such widespread acceptance is considered essential for the continued maturation of crypto markets in Asia. This trend may also have ripple effects on related platforms and underlying technologies.

