Cryptocurrency options trading platform STS Digital has successfully raised $30 million in a funding round led by CMT Digital. The round also saw participation from notable investors including Kraken, Arrington Capital, and Fidelity Investments. STS Digital, which caters to institutional investors, offers options contracts for over 400 cryptocurrencies and serves as a market maker to enhance liquidity in asset pools. The company, which employs nearly 50 people, counts the Uniswap Foundation among its clients and anticipates tripling its annual revenue between 2024 and 2025. The newly acquired funds will be directed towards increasing trading volume and expanding the workforce.