New Capital Boosts STS Digital's Expansion into Crypto Derivatives Market
Recently, cryptocurrency trading platform STS Digital announced the completion of a $30 million funding round led by CMT Digital. Kraken, Arrington Capital, and an investment arm of Fidelity Investments also participated in the round. The valuation details were not disclosed, but the new capital will be primarily used to expand its perpetual contracts trading services.
- Funding round reached $30 million
- Backed by leading firms including CMT Digital
- Focus on scaling perpetual contracts business
This milestone highlights confidence in STS Digital’s strategy and strengthens its position in the competitive crypto derivatives landscape.