Effective 24 November 2025, the Singapore Exchange (SGX) will launch perpetual futures contracts for Bitcoin and Ethereum, exclusively targeting accredited and institutional investors. The announcement on 18 November underscores growing adoption of crypto‑derivatives and signals enhanced market infrastructure for digital assets in Asia. These perpetual contracts feature no expiry date, enabling continuous trading and higher leverage compared with traditional futures. Analysts say this move may deepen liquidity and attract hedge‑fund activity in the region’s digital‑asset markets, though it also amplifies leverage and risk exposure.