Today is one of the most exciting days of my career. After many months of planning, the news is finally out: EDXM Global will launch its perpetual futures venue in Q1 2025 . This represents a major milestone for all members of the institutional crypto community, from digital asset natives to more traditional entities seeking to enter the market for the first time.
Like our settlement service that launched in May, EDXM Global’s perpetual futures venue will be based in Singapore. Members will be able to trade perpetual futures contracts in Bitcoin, Ether and certain high-market-cap altcoins in a highly sophisticated manner under a bankruptcy-remote account structure. This means customer assets are always protected because we keep them apart from our business, separating custody of client collateral under a trust structure. It’s an exciting new venture for us – but EDX’s core commitment to operating trusted, liquid and efficient digital asset trading venues remains unchanged.
Our perpetual futures business will showcase that commitment in a number of ways. We’ve made it as easy as possible for members to start trading, with a rapid onboarding process, ready access to liquidity and a dynamic, intuitive dashboard for execution, operations and risk management. We also feature a low-latency proprietary matching engine, based in Equinix’s TY3 data center, means they can capitalize on market opportunities without delay.
One of the main reasons we decided to apply for our spot exchange business in Singapore is because of the Monetary Authority of Singapore’s (MAS) status as a thoughtful and highly esteemed regulator on the world stage in digital assets. We believe MAS has been intentional about taking a progressive stance on crypto, supporting innovation while simultaneously putting down clear guardrails to foster investor protection and market stability.
With that in mind, we’re moving quickly to expand our presence. We are in the process of applying to launch a Singapore-based spot business, which will formally establish our clearing entity and provide institutions with an even broader array of options for pursuing their crypto investing goals. At the same time, we are actively working to enhance our initial perpetual futures marketplace and settlement service with modern capabilities that will empower members to transact with as few limits as possible. Our deep engagement with the local crypto community, combined with close consultation with our investors and advisors, gives us the confidence that we are on the right track toward transforming the market for crypto.
Today’s announcement represents a significant milestone – not just for EDX and the Singapore crypto community, but for me personally. I’ve been in crypto for over six years, and the evolution we’ve seen in that time has been truly eye-opening. Yes, we’ve all witnessed the turmoil that can occur with the rise of a new asset class – but the space has evolved and is now stronger than ever, defined by a renewed commitment to protecting client assets and building for the long-term future of crypto. The chance to be part of this commitment with such an impactful new offering is the culmination of my career in this space.
So, stay tuned as we work to make good on the goals I outlined earlier in this article. If you trade in Singapore and are seeking a way to access the crypto futures market, reach a wider network of counterparties or increase your trading efficiency, EDXM Global could be the ideal venue for you. I encourage you to contact us today.
Disclaimer: Perpetual futures trading is currently not regulated by MAS and hence is offered by a subsidiary separate from EDXM Global Pte. Ltd. Notwithstanding, EDXM Global upholds the highest standards of regulatory compliance and corporate governance across all its activities.
Disclaimer: EDXM Global’s products and services are only available to non-US persons and non-US institutions in select jurisdictions. US persons and institutions are strictly prohibited from access.
