STS Digital, a regulated principal trading firm specializing in digital asset derivatives and institutional market access, announced it has closed a $30 million strategic funding round to accelerate the growth of its crypto options trading platform. The round was led by CMT Digital, with participation from Payward, Strobe Ventures, Arrington Capital, F-Prime and BitRock Capital. The new capital will be used to rapidly scale the company’s institutional-grade spot and options platform, expand its market-making capabilities, and strengthen its balance sheet and liquidity position as it seeks to deepen its presence in core markets.
Headquartered in Zug, Switzerland, STS Digital enables clients to trade more than 400 tokens across spot, vanilla and exotic options, and structured products through a unified platform spanning UI, API and voice channels. The company said the raise comes as crypto derivatives, particularly options, are increasingly being used for hedging, yield strategies and volatility exposure, helping bridge digital assets with traditional finance.
The company is regulated by the Bermuda Monetary Authority and positions itself as an institutional-grade liquidity provider with disciplined risk management. According to STS Digital, the latest funding positions it at the center of institutional crypto derivatives as demand grows for execution quality, counterparty strength and balance-sheet resilience among liquidity providers.
CMT Digital said it was drawn to the firm’s blend of seasoned options experience and entrepreneurial ambition, citing the company’s liquidity moat and technology-driven risk management as durable competitive advantages. Payward, the financial infrastructure platform behind Kraken, said derivatives are among the most powerful tools in crypto and highlighted plans to expand Kraken’s growing derivatives capabilities through its partnership with STS Digital.
STS Digital said the funding will also support expansion into new markets and accelerate product rollouts globally as banks, asset managers and financial intermediaries increasingly integrate its pricing engine into their trading infrastructure.
KEY QUOTES
“This investment enables us to meet the explosive demand from institutional investors for our spot, options and structured product pricing. We’re thrilled to bring on board top-tier investors who recognise the urgency of scaling our platform to serve the next generation of trading. As banks, asset managers and financial intermediaries rush to integrate our pricing engine, this funding ensures we stay ahead of demand.”
Gideon Hyams, Chairman And Co-Founder Of STS Digital
“This round is about far more than capital. Partnering with institutions of this depth and reach gives us the ability to enter new markets faster, roll out new products at scale, and accelerate institutional adoption globally. Digital asset options is the fastest-growing product category within the asset class and the market demands principals with resilient balance sheets, best-in-class execution, and disciplined risk management. This funding allows us to scale with focus and intent, alongside partners who will help shape the next phase of crypto derivatives.”
Maxime Seiler, Chief Executive Officer And Co-Founder Of STS Digital
“From day one, what stood out to us was the team. We believe STS combines the discipline and prudence of seasoned options veterans with genuine entrepreneurial ambition, and their execution to date has been impressive. They have already built a meaningful liquidity moat in crypto options, and our view is that liquidity is one of the most durable competitive advantages in financial markets. Our tech team was particularly impressed by their approach to risk management and platform scalability, which we believe positions them to become a foundational liquidity layer for the crypto derivatives market. Operating under the BMA further reinforces their institutional credibility. We are proud to lead this round and back a team that is raising the bar for institutional crypto derivatives,”
Sam Hallene, Partner At CMT Digital
“Derivatives are among the most powerful tools in crypto, giving market participants more ways to manage risk and navigate volatility,” said Arjun Sethi, CEO of Payward, the financial infrastructure platform behind Kraken. “We’re excited to support the industry-leading team at STS Digital and work together to expand Kraken’s growing derivatives capabilities, bringing our traders more ways to trade confidently in fast-moving markets.”
Arjun Sethi, CEO Of Payward
