STS Digital says the platform expands institutional access to options-based strategies packaged into predefined crypto investment products.
Crypto derivatives company 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 through 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 adds to a growing push to bring more structured investment strategies into crypto markets, as companies look to package derivatives into structured products that can offer yield or downside protection.
