Bitcoin Magazine

S&P 500 and Gold Can Now Be Traded in Bitcoin Terms

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. This innovation marks the first time that traditional assets, historically priced in dollars, can be measured against Bitcoin as a unit of account.

The launch comes at a time when de-dollarization trends are accelerating globally, with central banks diversifying reserves and BRICS nations increasingly settling trade outside the US dollar system. 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,” said Borja Martel Seward, Roxom Co-founder.

The introduction of Bitcoin-denominated futures represents a structural shift in global finance, potentially accelerating Bitcoin’s evolution from a digital currency to a store of value, and now to a foundation layer for global capital markets. Roxom’s platform operates 24/7, introducing a more accessible and efficient market structure that bridges traditional finance with the Bitcoin ecosystem.

As the first Capital Market Exchange built for a Bitcoin-denominated world, Roxom aims to provide regulated, institutional infrastructure that transforms Bitcoin from a reserve asset into a unit of trust and long-term stability. The company’s mission focuses on connecting Bitcoin and traditional finance through secure, credible, and transparent markets.

The ability to trade major market benchmarks directly in Bitcoin terms could provide new opportunities for portfolio diversification and risk management.

Notably, both Gold and the S&P 500 have been declining when priced in Bitcoin terms over the past year. While Gold has reached new nominal highs in USD terms, its value relative to Bitcoin has fallen by approximately 45% since January 2024.

Similarly, the S&P 500 has shown weakness when measured in Bitcoin terms, despite hitting nominal USD highs. The index now trades at approximately 0.078 BTC per unit, down from 0.12 BTC in early 2024, representing a decline of about 35% in Bitcoin terms. This divergence suggests a growing shift in market dynamics, where traditional safe-haven assets and equity markets are underperforming Bitcoin as a store of wealth and unit of account.

As institutional adoption of Bitcoin continues to grow, Roxom’s platform provides a crucial bridge between conventional financial markets and the emerging Bitcoin-based financial system. This integration may help facilitate Bitcoin’s broader adoption as a standard unit of account in global finance, marking a significant milestone in the asset’s institutional evolution.

This post S&P 500 and Gold Can Now Be Traded in Bitcoin Terms first appeared on Bitcoin Magazine and is written by Vivek Sen.

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