
FILE PHOTO: Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - The Singapore Exchange plans to list bitcoin perpetual futures in the second half of 2025, targeting institutional clients and professional investors, Bloomberg News reported on Monday.
The firm thinks its offering will "significantly expand institutional market access", a spokesperson for firm told Bloomberg. Retail customers would be barred from trading the instruments, the report said.
(Reporting by Kanjyik Ghosh, Editing by Louise Heavens)