SGX Crypto Futures Attract Fresh Liquidity, Not Diverting Existing Funds: Exchange CEO

The CEO of Singapore Exchange (SGX) has clarified that the new cryptocurrency futures products are generating fresh market liquidity rather than diverting capital from existing assets. This statement addresses concerns about potential cannibalization of traditional investment flows. The introduction of these regulated crypto derivatives is seen as a strategic move to tap into new investor segments and enhance Singapore's position as a leading digital asset hub in Asia. The exchange emphasizes that the products are designed to meet growing institutional demand for regulated exposure to the crypto market, contributing to overall market depth and stability.