STS Digital Secures $30 Million in Funding Led by CMT Digital
- STS Digital, a Bermuda-regulated digital asset trading firm, raised $30 million in a funding round led by CMT Digital.
- Participants included Payward (Kraken’s parent company), Arrington Capital, BitRock Capital, Strobe Ventures, and F-Prime.
- The firm was established in 2022 and offers trading in spot markets, options, and structured products across over 400 digital assets.
- The investment will enhance STS Digital’s infrastructure for spot and options trading and improve liquidity during volatile market conditions.
- Sam Hallene from CMT Digital emphasized the firm’s strong liquidity moat as a key competitive advantage.
STS Digital has secured significant investment to expand its capabilities in the digital asset market. The funding will support infrastructure growth and liquidity enhancement, aligning with increasing institutional demand for robust trading solutions.
Source (3.2)https://cryptobriefing.com/crypto-options-investment-sts-digital/?rand=59535
