In a significant development for global financial markets, Roxom has launched Bitcoin-denominated perpetual futures, enabling traders to benchmark and trade major assets like the S&P 500 and Gold directly in Bitcoin terms. It is the first innovation to allow traditional assets historically priced in dollar terms, be measured by Bitcoin.
Launching the new currency comes as de-dollarization is accelerating around the world, and central banks are diversifying their reserves. BRICS countries also increasingly settle trades outside of US dollars. According to BitcoinTreasuries.net, public companies, ETFs, and sovereign entities now hold more than $150 billion in Bitcoin, representing a 400% increase year-over-year.
“For decades, markets have been priced in currencies shaped by monetary policy and politics. By introducing Bitcoin-denominated benchmarks, we’re creating a reference standard that is neutral, transparent, and global. This launch is the foundation for a new financial era,” Borja Seward is a woman who has devoted her life to helping others. Roxom Co-founder.
Introduction of Bitcoin futures could represent a significant structural change in global finance. It may accelerate Bitcoin’s transformation from a virtual currency into a value store and then to the foundation of global capital markets. Roxom’s platform is available 24/7 and introduces a market structure more efficient, accessible, and bridging traditional finance to the Bitcoin ecosystem.
Roxom, the world’s first Capital Market Exchange designed for Bitcoin, aims to create a regulated institutional infrastructure which transforms Bitcoin into an asset of long-term trust and stability. Its goal is to bridge the gap between Bitcoin and traditional financial markets by providing a secure, credible and transparent market.
Trading major benchmarks in Bitcoin could offer new options for risk management and portfolio diversification.
Noteworthy, both Gold You can also read about the S&P 500 In the last 12 months, Bitcoin prices have fallen. While gold has hit new nominal heights in USD currency, the value of Gold relative to Bitcoin has dropped by approximately 45% over the past year.
The same applies to the S&P 50In Bitcoin terms, the index is weakening despite nominal USD gains. It now trades around 0.078 BTC a unit. That’s down from 0.2 BTC at the beginning of 2024. A decline of 35% is reflected in Bitcoin. This divergence indicates a shift in the market dynamics whereby traditional safe haven assets, equity markets and other units of account are outperforming Bitcoin.
Bitcoin’s institutional adoption is growing. Roxom’s The platform is a vital bridge that connects the traditional financial market with the new Bitcoin-based finance system. This integration will help Bitcoin to become more accepted as an international standard of financial accounting, thus marking a milestone in its institutional evolution.
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Source: bitcoinmagazine.com
