Why sgx Is Trending Today?

Singapore Exchange (SGX) has expressed confidence in the city-state's potential to emerge as a major cryptocurrency hub. The exchange is set to introduce Bitcoin and Ethereum perpetual futures on November 24, further expanding its offerings in the digital asset space. Meanwhile, Yangzijiang Maritime made its debut on the SGX, opening at 66 cents per share and boasting a market capitalization of $2.15 billion. In other news, the SGX has highlighted the top 10 dividend-paying exchange-traded funds (ETFs) listed on the exchange.

Singapore Exchange (SGX) has introduced crypto perpetual futures for Bitcoin and Ethereum, set to launch on November 24, catering to the growing institutional demand in Asia. These new products, cleared on SGX's exchange, aim to provide a regulated alternative to unregulated 'bucket shops'. The move is part of SGX's strategy to drive the next generation of intelligent data centers, as seen in Compal's showcase of the AI server SGX30-2 built on NVIDIA HGX™ B300 at SC25.