STS Digital announced it has closed a $30 million strategic funding round led by CMT Digital, with participation from Payward, Strobe Ventures, Arrington Capital, F-Prime, and BitRock Capital, to accelerate the growth of its crypto options trading platform.
The Zug, Switzerland-based company said the new capital will be used to rapidly scale its institutional-grade spot and options platform, expand its market-making capabilities, and strengthen its balance sheet and liquidity position. The raise comes as crypto derivatives, particularly options, are increasingly being used for hedging, yield strategies, and volatility exposure rather than purely directional trading, further bridging digital assets and traditional finance.
STS Digital operates as a regulated principal trading firm specializing in digital asset options and institutional market access. Clients can 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 is regulated by the Bermuda Monetary Authority.
Market participants have placed growing emphasis on execution quality, counterparty strength, and balance-sheet resilience among liquidity providers, particularly following periods of market stress. Firms capable of warehousing risk and providing consistent pricing during volatile conditions are increasingly viewed as critical to the continued development of institutional crypto derivatives markets.
The company said the strategic raise positions STS Digital at the center of institutional crypto derivatives as the sector enters its next phase of growth.
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, 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, 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, CMT Digital
“Derivatives are among the most powerful tools in crypto, giving market participants more ways to manage risk and navigate volatility. 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, Payward
