STS Digital, a Bermuda-based firm, has raised $30 million to expand its cryptocurrency options platform. The platform offers trading across more than 400 cryptocurrencies, including spot, vanilla, and exotic options. The company is targeting institutional demand, as the open interest in crypto options reaches $40 billion, according to reports. The funding will likely support further development and expansion of the platform's offerings in the growing crypto options market.

STS Digital, a Bermuda-based firm, has raised $30 million to expand its cryptocurrency options platform. The platform offers trading across more than 400 cryptocurrencies, including spot, vanilla, and exotic options. The company is targeting institutional demand, as the open interest in crypto options reaches $40 billion, according to reports. The funding will likely support further development and expansion of the platform's offerings in the growing crypto options market.