Singapore Exchange’s derivatives arm will introduce bitcoin and ether perpetual futures on Nov. 24 that reference iEdge CoinDesk Crypto Indices. Contracts are institution-grade with traditional margining and clearing, use a funding-rate mechanism to track spot, and rely on iEdge CoinDesk’s daily 4 p.m. SGT reference rates plus real-time indices. SGX and partners including DBS and OKX say the product aims to increase trust, transparency and capital efficiency for institutional crypto trading.

SGX is launching BTC and ETH perpetuals tied to iEdge CoinDesk indices with onshore margining/clearing and a funding-rate mechanism; iEdge CoinDesk will provide daily reference rates and real-time indices; SGX and industry partners (DBS, OKX) position the product as institution-grade—facts that imply increased institutional access and potential liquidity for BTC/ETH, so modestly positive and of moderate trading relevance.