The Singapore Exchange (SGX) has made a bold move into the crypto market with the launch of Bitcoin (BTC) and Ethereum (ETH) perpetual contracts. On the first day of trading, these contracts recorded 2,000 transactions and a notional volume of $35 million — a significant milestone that highlights growing institutional demand for regulated crypto derivatives in Asia.
This launch marks a crucial step for SGX, which is known for its traditional financial instruments. The introduction of crypto perps aligns with Singapore’s broader strategy to embrace digital assets while maintaining a regulated and secure trading environment.
Institutional Interest Driving Momentum
The high volume on day one suggests that institutional players are showing strong interest in SGX’s crypto derivatives. These new products allow investors to gain exposure to BTC and ETH price movements without owning the underlying assets, offering a flexible and capital-efficient trading solution.
The contracts are fully regulated and settled in U.S. dollars, providing additional trust and transparency. This feature is particularly appealing to risk-conscious investors looking for crypto exposure in a secure setting.
BULLISH: Singapore Exchange’s $BTC and $ETH perps saw 2,000 contracts and $35M notional on day one. pic.twitter.com/N6vOygl3of
— Cointelegraph (@Cointelegraph) November 25, 2025
What This Means for Crypto in Asia
Singapore has long been a leader in financial innovation and regulation. With the SGX stepping into the crypto space, the region is likely to see more institutional adoption of digital assets. This move also enhances the credibility of crypto trading in Asia, offering a solid alternative to unregulated offshore exchanges.
As more traditional exchanges integrate crypto derivatives, the line between conventional finance and digital assets continues to blur — a promising sign for the future of global crypto markets.