STS Digital was founded in 2022 and is regulated in Bermuda under the “M” license for Digital Assets Business Act 2018, similarly to Kraken and Coinbase. The leadership team is composed mostly of ex-Hedge Fund PMs/CIOs and ex-UBS trading heads while the staff is widely formed of Investment Banking and Digital Assets veterans with on average at least 10 years of experience. We’re currently finalizing our series A funding round and aiming for a 140MM USD valuation. The lead investor in this round is one of the largest cryptocurrency firms in the world.
We are focusing on OTC Derivatives on Cryptocurrencies and we are market makers on the top 500 tokens, giving unparalleled market access and institutional-grade pricing to our clients, comprising of crypto-native foundations, institutions, SFOs and V/UHNWI. We have traded 2.5bn+ USD in OTC options volume in the last rolling 52 weeks.
We can take fiat and crypto deposits as collateral for trades and they can be placed either directly with us, or with Copper/BitGo for third-party bankruptcy remote custody. Our products can also be traded in securitized format through SPVs issued by third-parties.
Examples of solutions we can provide are as per below:
Options Dealing (OTC Format)
Downside Protection on tokens using put options and collars, including locked tokens
Covered Call strategies and DCIs for yield enhancement
Upside leveraged exposure using Calls, Call Spreads, Call Up & Outs (Shark Fin)
Capital Protection through Futures basis and DeFi yields
Pure Volatility Plays using Variance/Volatility Swaps (ad hoc)
Exotic Derivatives/Structured Products: Bonus Enhanced, Twin-Win, Accumulators, Decumulators (ad hoc)
Actively Managed Certificates
Co-Structuring and Issuance (through a third-party SPV) of AMCs and deployment of systematic strategies
Cash Alternatives and Market Making
Cash & Treasury Management using basis/funding rate arbitrage, DeFi protocols staking/lending, DEX liquidity provisioning and yield farming
Market Making/Liquidity Provision for newly launched tokens on the largest CEX and DEX
Head of APAC
