STS Digital Closes $30 Million Strategic Round from investors including CMT Digital and Payward to scale and strengthen its Crypto Options Trading Platform

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“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.”

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Market participants have placed greater emphasis on execution quality, counterparty strength, and balance-sheet resilience among liquidity providers, especially following periods of market stress. Firms with the capacity to warehouse risk and provide consistent pricing across volatile conditions are increasingly seen as critical to the continued development of the institutional crypto derivatives markets.

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This strategic raise places STS Digital at the center of institutional crypto derivatives and the next wave of digital assets growth.

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About STS Digital

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Through STS Digital Ltd., STS Digital, is a regulated principal trading firm specialised in digital-asset derivatives and providing institutional-grade market access. Clients can trade more than 400 tokens across vanilla and exotic options, spot, and structured products through a unified platform spanning UI, API, and voice channels. Built by derivatives veterans and regulated by the Bermuda Monetary Authority, STS Digital delivers deep liquidity, competitive pricing, and robust risk-management to ensure a seamless trading experience.

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About CMT Digital

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CMT Digital is a crypto-focused venture capital firm built on nearly a decade of blockchain investing and decades of trading expertise. Founded in 2017, we were one of the earliest registered investment advisers to allocate capital into the digital asset ecosystem. Since then, we have invested in over 200 blockchain and crypto-focused businesses, protocols, and tokens. CMT Digital is a division of the CMT Group, a diversified investment firm that has operated for nearly 30 years across exchange-traded options and futures, private and public equities, energy products, crypto, and other alternative assets.

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About Payward

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Payward, Inc. is a unified financial infrastructure platform that powers a family of products advancing an open, global financial system. Built on a single shared architecture, Payward enables customers to hold, trade, earn, pay, and invest across asset classes without friction or fragmentation.

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At its core, Payward provides the infrastructure layer behind Kraken and a growing set of purpose-built products, including NinjaTrader, Breakout, xStocks, and CF Benchmarks.

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Payward separates infrastructure from product expression. Each product surface is designed for a specific customer segment, regulatory regime, and use case, while operating on the same global foundation:

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One global liquidity pool

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One unified risk and margin engine

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One collateral and settlement system

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One compliance and licensing framework

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This shared architecture allows Payward to scale efficiently, launch new products at low marginal cost, and serve diverse global markets while maintaining consistent risk management, regulatory integrity, and operational resilience.

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For more information about Payward, please visit www.payward.com

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Media Contact

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