In a landmark move for the global financial landscape, Roxom has unveiled Bitcoin-denominated perpetual futures, allowing traders to benchmark and trade major assets, including the S&P 500 and Gold, directly in Bitcoin. This innovative approach marks a historic shift, as traditional assets that have typically been priced in dollars can now be measured against Bitcoin as a unit of account.
The launch of these futures comes during a period of intensified de-dollarization efforts worldwide. Central banks are diversifying their reserves, and countries within the BRICS bloc are increasingly settling transactions outside the US dollar framework. Data from BitcoinTreasuries.net reveals that public companies, exchange-traded funds (ETFs), and sovereign nations now collectively hold over $150 billion in Bitcoin, showcasing a remarkable 400% increase compared to the previous year.
Borja Martel Seward, Co-founder of Roxom, emphasized the significance of this development: “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.”
The introduction of Bitcoin-denominated futures is anticipated to catalyze a structural transformation in global finance. It is expected to accelerate Bitcoin’s progression from being merely a digital currency to a recognized store of value and, more critically, to a foundational layer for capital markets on a global scale. Roxom’s platform operates around the clock, promoting an accessible and efficient market landscape that serves as a bridge between traditional finance and the Bitcoin ecosystem.
Positioned as the first Capital Market Exchange designed for a Bitcoin-denominated environment, Roxom aims to create regulated and institutional infrastructure that transitions Bitcoin from a reserve asset into a unit of trust and long-term stability. The company is dedicated to fostering the connection between Bitcoin and traditional finance through secure, credible, and transparent market practices.
Trading major market benchmarks in Bitcoin terms opens up new avenues for portfolio diversification and risk management. Interestingly, both Gold and the S&P 500 have experienced declines when measured in Bitcoin over the past year. Despite Gold reaching new nominal highs in USD, its relative value against Bitcoin has plummeted by approximately 45% since January 2024. The S&P 500 has similarly weakened in Bitcoin terms, trading at roughly 0.078 BTC per unit, down from 0.12 BTC earlier in the year—an approximately 35% decline.
This divergence highlights a notable shift in market dynamics, indicating that traditional safe-haven assets and equity markets are lagging behind Bitcoin as a store of value and accounting unit. As the institutional adoption of Bitcoin continues to rise, Roxom’s platform is poised to play a vital role in bridging established financial markets and the emerging Bitcoin-centric financial system. This integration could be key to facilitating the broader acceptance of Bitcoin as a standard unit of account in global finance, signifying a pivotal milestone in the asset’s institutional evolution.
