STS Digital unveils structured crypto platform, brings in Kraken as distribution partner

STS Digital, a trading firm specializing in crypto options, unveiled a structured-products platform aimed at sophisticated investors as digital assets gain growing acceptance among traditional financial institutions. One month after raising $30 million, the Bermuda-based company said the platform, which covers 400 tokens, is aimed at banks, family offices, and high-net-worth individuals seeking returns on…

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Bitpanda launches blockchain for tokenized assets aimed at European banks, fintechs

Vienna-based crypto broker Bitpanda is launching a new blockchain network aimed at bringing tokenized assets into Europe’s regulated financial system, as institutions look to move toward always-on markets. The company said Wednesday that its “Vision Chain,” built with the Vision Web3 Foundation and Optimism OP$0.1126, will provide infrastructure for banks and fintechs to issue and…

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There’s a huge $14 billion bitcoin options expiry this Friday and it points to $75,000 as price magnet

On Friday, bitcoin BTC$71,459.30 options or derivative contracts worth billions will expire on crypto exchange Deribit. Traders might want to note that the dynamics of the expiry are such that BTC’s market price could be lifted toward a very specific point: $75,000. Deribit, the world’s largest crypto options exchange, will settle bitcoin options contracts worth…

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Crypto giant debuts WTI trading, but it’s a different model to Hyperliquid’s perps

The Iran war has set oil on fire and crypto exchanges are racing to offer 24/7 trading to fill tradfi gaps, with most copying decentralized giant Hyperliquid’s perpetual-futures play. Crypto market-making giant Wintermute is taking a different approach. On Tuesday, its derivatives unit, Wintermute Asia, launched over-the-counter (OTC) trading in WTI crude oil contracts for…

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