STS Digital secures $30 million to expand crypto options platform
#Finance Crypto Options Trading Fundraise Derivatives News
We secured capital to scale operations. The platform supports spot and derivatives for over 400 assets. We aim to serve institutional clients as open interest hits $40 billion.
Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email STS Digital raises $30 million to expand crypto options platform The Bermuda-based firm offers trading across 400+ cryptocurrencies with spot, vanilla, and exotic options, targeting institutional demand as crypto options open interest reaches $40 billion. By Francisco Rodrigues , AI Boost | Edited by Sheldon Reback Feb 26, 2026, 12:40 p. m. Make us preferred on Google STS Digital raised $32 million (Dmytro Glazunov/Unsplash/Modified by CoinDesk) What to know : STS Digital raised $30 million from CMT Digital, Kraken exchange parent Payward and other investors to expand its institutional trading platform. The Bermuda-based firm offers trading across 400+ cryptocurrencies with spot, vanilla and exotic options targeting institutional demand. STS aims to become a foundational liquidity layer for crypto derivatives, capitalizing on growing institutional adoption of options for hedging and yield generation. STS Digital, a trading firm specializing in crypto options, said it raised $30 million in a strategic round backed by CMT Digital, crypto exchange Krakenβs parent company Payward , and other investors. The company plans to use the funds to scale its institutional trading platform and solidify its role as a liquidity provider in digital asset markets, according to a statement shared with CoinDesk.
