S&P 500 and Gold Can Now Be Traded in Bitcoin Terms
Roxom launched Bitcoin-denominated perpetual futures for assets like the S&P 500 and Gold, marking a shift in global financial benchmarking.Summary
Roxom has introduced Bitcoin-denominated perpetual futures, allowing major assets such as the S&P 500 and Gold to be benchmarked and traded directly in Bitcoin terms for the first time. This development is framed against accelerating global de-dollarization trends and increased institutional Bitcoin holdings.
Roxom Co-founder Borja Martel Seward stated that this creates a neutral, transparent, and global reference standard, moving markets away from dollar-based pricing influenced by monetary policy. This structural shift aims to evolve Bitcoin from a currency or store of value into a foundational layer for global capital markets, operating 24/7.
The article notes that when priced in Bitcoin, both Gold and the S&P 500 have declined over the past year, suggesting Bitcoin is outperforming these traditional assets as a unit of wealth. Roxom's platform seeks to provide regulated, institutional infrastructure to bridge traditional finance with the Bitcoin ecosystem, facilitating Bitcoin's broader adoption as a standard unit of account.
(Source：Bitcoin Magazine)