Scope Law with lead investor CMT Digital on STS Digital’s funding round

Scope Law advised CMT Digital, a US-based early-stage web3 venture firm, as lead investor in the USD 30 million funding round of STS Digital. The round also included participation from Payward, Strobe Ventures, Arrington Capital, F-Prime and BitRock Capital.

Headquartered in Zug, Switzerland, STS Digital is the holding company of a group active in digital assets options trading software and institutional market access.

According to STS Digital’s official statement, the proceeds from the round will be used to enhance its institutional-grade spot and options trading platform, expand its market-making capabilities, and further strengthen its balance sheet and liquidity position.

The Scope Law team

The Scope Law team working on the matter included Michael Kuhn (pictured left) and Michael Eitle (pictured right).