šŸŽÆ Singapore’s exchange is coming to snatch crypto traders’ livelihoods

šŸ“° SGX plans to sell crypto perpetual futures to U.S. institutions—becoming the first major traditional firm to do this deal. Perpetuals have always been the biggest volume category in the crypto market

šŸ’¬ Traditional big firms finally stop pretending and go straight for the fattest piece of meat—this is the most profitable business in crypto. Institutions enter through compliant channels, and the retail crowd’s hundred-times leverage act will be brought up on stage sooner or later. Pretty slick move

šŸ·ļø #SGX #永续合约 #ęœŗęž„å…„åœŗ #TradFi