STS Digital launches structured crypto platform with Kraken as first partner
STS Digital said the platform offers institutional clients access to options-based strategies through predefined crypto investment products.
Crypto derivatives firm STS Digital said on Wednesday it had launched a structured products platform for digital assets, with Kraken as its first distribution partner.
STS Digital said the platform allows clients to access options-based strategies packaged into predefined payoff structures. Kraken has integrated the platform via an API and is using it to power its Dual Investment product, which offers eligible clients fixed returns on Bitcoin (BTC) and Ether (ETH).
The launch reflects a broader trend of firms packaging derivatives into structured products that can offer yield or downside protection in crypto markets.