Kraken Becomes First to Offer STS Digital’s New Crypto Option Structured Products

According to the company announcement, Kraken has integrated STS Digital’s structured products platform, expanding initial retail access to standardized crypto derivatives across a broad asset universe.

Summary

In an official announcement, Kraken said it became the first exchange to integrate STS Digital’s structured products platform through an API connection. The platform currently covers more than 400 crypto assets, and the integration will initially provide standardized structured products to retail users. Limited regional testing began on March 25, marking an early rollout of the offering.

Terms & Concepts
  • Structured products: Packaged financial instruments that combine assets or derivatives to offer a specific risk-return profile tailored to investor objectives.
  • API: Application Programming Interface; a software connection that allows different platforms or services to exchange data and functionality directly.
  • Crypto assets: Digital assets that use blockchain or similar technology, including cryptocurrencies and related tokenized instruments.