STS Digital Secures $32 Million to Expand Institutional Trading Platform

The only relevant primary source directly concerning STS Digital's fundraising reports that the company secured a $30 million strategic investment from CMT and Kraken to support its operations as a Swiss crypto liquidity provider. This strongly supports the claim that STS Digital raised funds to expand its institutional trading platform, although the specific figure cited in the statement ($32 million) is slightly different from the $30 million reported. Given that none of the other sources provide contradictory information and the nature of the financing aligns with the company's business focus, the statement is likely true with a possibility of minor inaccuracy in the exact amount. The source reporting the funding is credible within the industry context, increasing confidence in the truthfulness of the claim, but the difference in reported amount creates a small margin for uncertainty.