Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Former Indian Politician Convicted in Bitcoin Extortion Case

01/09/2025

Myriad Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’

01/09/2025

StablesLabs Praises Citibank’s Plan to Move into Stablecoin & Crypto ETF Custody, Payment Offerings  

01/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Price Aims at $5,000 As Exchange Balance Falls To 9-Year Low

    31/08/2025

    The 7 Largest Publicly Traded Ethereum Treasury Firms

    31/08/2025

    How a Hyperliquid Trader Made $30 Million in Just 4 Months

    31/08/2025

    Ethereum Rainbow Chart predicts ETH price for August 31, 2025

    31/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Nike, StockX End Trademark Clash Over NFTs and Fake Shoes

    01/09/2025

    NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

    31/08/2025

    PENGU token loses 20% in August amid Pudgy Party game launch

    30/08/2025

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    27/08/2025

    Former Indian Politician Convicted in Bitcoin Extortion Case

    01/09/2025

    Myriad Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’

    01/09/2025

    StablesLabs Praises Citibank’s Plan to Move into Stablecoin & Crypto ETF Custody, Payment Offerings  

    01/09/2025

    US Lawmakers Visit Europe to Boost Digital Asset Rules, Monetary Policy Ties

    01/09/2025
  • Blockchain

    Web3 Social Platform TomTalk Integrates NexFi Wallet for Crypto Transactions, Stablecoin Trades

    01/09/2025

    House Party Protocol and Orbiter Finance Ally to Accelerate AI-Native Economy

    01/09/2025

    Zoro Joins HIVE Intelligence to Bring Blockchain Intelligence to AI Developers

    01/09/2025

    Sony’s Soneium Debuts Scoring System to Record Onchain Participation

    01/09/2025

    SoonChain Taps Veritas to Offer AI-Driven Web3 Security

    01/09/2025
  • DeFi

    Myriad Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’

    01/09/2025

    Jupiter Launches Public Beta of Lending Platform on Solana

    01/09/2025

    Base Crosses $200 Billion Trade Volume On Uniswap

    01/09/2025

    Is TON’s DeFi ready to lead a true financial revolution?

    01/09/2025

    Aave (AAVE) Reclaims $300 as V4 Beta May Unlock Cross-Chain Liquidity, GHO Stablecoin and Uniswap V4 Borrowing

    01/09/2025
  • Metaverse

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025
  • Regulation

    StablesLabs Praises Citibank’s Plan to Move into Stablecoin & Crypto ETF Custody, Payment Offerings  

    01/09/2025

    Momentum builds around ETH treasury companies

    01/09/2025

    Bitcoin’s biggest Wall Street backer takes the wheel at World Economic Forum

    01/09/2025

    Bullish Becomes First Digital Asset Exchange to List on NYSE

    01/09/2025

    S&P Dow Jones in talks to bring tokenized indexes to exchanges, DeFi: Exec

    01/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Huobi to Launch Trump-Backed DeFi Token $WLFI

    01/09/2025

    21Shares Launches Hyperliquid ETP on SIX Swiss Exchange

    01/09/2025

    VivoPower expands Crypto.com partnership with new shareholder incentives

    01/09/2025

    SBI Launches Bitcoin Services for 3D Housing Pioneer

    01/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    The Biggest Games Releasing in September 2025

    31/08/2025

    OKX Wallet Taps Shaga to Offer Secure Web3 AAA Gaming

    31/08/2025

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    29/08/2025

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    28/08/2025

    Ruihe Shuzhi Technology Partners with Bitmain for Bitcoin Cloud Mining

    01/09/2025

    A Remarkable 89.2 BTC Mined in Seven Days

    31/08/2025

    Bitcoin Miners Make a Sextillion Hashes per Second the New Standard

    30/08/2025

    Bitcoin Hashrate Rockets to New Heights, Smashing Through 980 EH/s Barrier

    30/08/2025

    Former Indian Politician Convicted in Bitcoin Extortion Case

    01/09/2025

    US Lawmakers Visit Europe to Boost Digital Asset Rules, Monetary Policy Ties

    01/09/2025

    Details Emerge on New Bill to Regulate the Cryptocurrency Market in the US

    01/09/2025

    Japan’s SEC Announces Major Reforms for the Country’s Cryptocurrency Sector

    01/09/2025

    Former Indian Politician Convicted in Bitcoin Extortion Case

    01/09/2025

    Myriad Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’

    01/09/2025

    StablesLabs Praises Citibank’s Plan to Move into Stablecoin & Crypto ETF Custody, Payment Offerings  

    01/09/2025

    US Lawmakers Visit Europe to Boost Digital Asset Rules, Monetary Policy Ties

    01/09/2025
  • MarketCap
NBTC News
Home»Exchanges»Singapore to list BTC futures; Tel Aviv eyes DLT upgrade
Exchanges

Singapore to list BTC futures; Tel Aviv eyes DLT upgrade

NBTCBy NBTC20/03/2025No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Singapore Exchange (SGX) plans to list BTC perpetual futures later this year, joining a growing number of traditional exchanges diving into the ‘crypto’ market.

SGX plans to list the futures in the second half of this year, a spokesperson told Bloomberg. They will only be accessible by professional investors and institutions, in line with the country’s financial regulations which bar retail investors from complex financial products to protect them from their outsized risk.

Perpetual futures are a subset of futures contracts that do not have an expiration date. This allows traders to hold their positions indefinitely, unlike with traditional futures. Without the expiration date, exchanges rely on a nuanced funding mechanism in which short traders pay a fee if the price rises and vice versa.

Being Singapore’s largest exchange and the second largest in the Association of Southeast Asian Nations (ASEAN), SGX hopes its market reputation will attract traders who have shied away from the loosely regulated digital asset market.

“In a space where confidence and credibility make all the difference, our innovative offering on a trusted, regulated platform will significantly expand institutional market access,” the company said in a statement to media outlets.

Perpetual futures are a popular product in the ‘crypto’ world and have been one of the core products on some of the largest ‘crypto’ exchanges. However, a vast group of deep-pocketed institutional investors still shied away from these products since the ‘crypto’ sector is still viewed as the Wild West. After all, perpetual futures were one of the main products of the defunct FTX exchange, which, at its peak, traded over $20 billion daily in these products.

Traditional exchanges are stepping in to capitalize on this new market, lending their reputation to these ‘crypto’ products, which routinely trade over $100 billion a day.

In Singapore, two other traditional platforms already offer BTC perpetual futures. Last year, EDX Global launched an exchange offering spot and perpetual futures in the city-state. The company, backed by Fidelity Digital Assets and Citadel Securities, partnered with Anchorage for custody, with traders only depositing their net obligations on their Anchorage accounts.

Months before EDX Global launched its platform, a similar offering from AsiaNext went live in Singapore and targeted the same market. At launch, the company, backed by Japan’s SBI (NASDAQ: SBHGF) and Switzerland’s SIX exchange group, described its platform as a “safe venue for exposure to digital assets” for institutional investors.

Tel Aviv Stock Exchange eyes DLT upgrade

Elsewhere, Israel’s sole public securities market, the Tel Aviv Stock Exchange (TASE), is targeting a system upgrade, with distributed ledger technology (DLT) and artificial intelligence (AI) among the technologies it’s eyeing.

TASE launched a public consultation on upgrading its clearing and settlement systems. It plans to develop and integrate advanced solutions built on “groundbreaking technologies” to improve access and enhance local competition.

Generative AI, DLT, and cloud computing are among the top technologies the bourse is exploring. It has enlisted the services of New York-based consultancy Oliver Wyman to review its business and systems and recommend the best course of action to revive the exchange.

In an accompanying document, the exchange revealed that it would use DLT to “increase efficiency, prepare for increased activity volumes and a larger variety of activities, all while providing clearing & settlement solutions at a high security level.”

TASE is no stranger to DLT. Three years ago, the exchange revealed it was working on tokenized government bonds to make them more accessible, especially to retail investors. It also announced plans to integrate DLT into its operations for efficiency, security and cost-effectiveness; CEO Ittai Ben-Zeev stated that TASE also intended to develop turnkey blockchain systems for smaller exchanges.

Beyond DLT, the exchange also plans to support digital assets, offer custody, clearing and settlement, tokenization, access to liquidity, staking, payments, and other interoperability solutions.

TASE joins a growing list of traditional exchanges integrating DLT, led by the Borse Stuttgart and the SIX Swiss Exchange. The latter established the world’s first regulated digital asset central securities depository: the SIX Digital Exchange (SDX).

Blockchain overhauls have not always gone according to plan. The Australian Securities Exchange’s (ASX) attempt to remodel its clearing and settlement system on the blockchain was a disaster, costing the exchange A$250 million ($157 million) by the time it was abandoned in 2022.

Watch: Blockchain is much more than digital assets

title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””>

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Huobi to Launch Trump-Backed DeFi Token $WLFI

01/09/2025

21Shares Launches Hyperliquid ETP on SIX Swiss Exchange

01/09/2025

VivoPower expands Crypto.com partnership with new shareholder incentives

01/09/2025

SBI Launches Bitcoin Services for 3D Housing Pioneer

01/09/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Former Indian Politician Convicted in Bitcoin Extortion Case

01/09/2025

Myriad Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’

01/09/2025

StablesLabs Praises Citibank’s Plan to Move into Stablecoin & Crypto ETF Custody, Payment Offerings  

01/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.