STS Digital Raises $30 Million to Scale Institutional Crypto Derivatives Platform

STS Digital Raises $30 Million to Scale Institutional Crypto Derivatives Platform

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STS Digital has successfully closed a $30 million strategic funding round. Led by CMT Digital with participation from Payward, the parent company of Kraken, this investment is earmarked for the expansion of STS Digital's institutional crypto derivatives platform and underlying infrastructure, aiming to enhance offerings for institutional clients in the digital asset space.

STS Digital raised $30 million in a CMT Digital-led round with participation from Kraken-parent Payward to expand derivatives infrastructure.