Digital asset trading firm STS Digital acquires Swiss cryptocurrency market maker flovtec
Publication Time:2024-08-14 15:32:05
Digital asset trading firm STS Digital recently announced its acquisition of Swiss cryptocurrency market maker flovtec. This strategic merger aims to strengthen STS Digital's market making capabilities and liquidity solutions, providing clients with deeper liquidity and tighter spreads. By integrating flovtec's trading infrastructure and proprietary algorithms, STS Digital plans to launch more regulated custodial services, customized liquidity solutions, and trading strategies. The acquisition may also facilitate STS Digital's expansion into the European market, particularly in Switzerland, a highly regulated region.
Cryptocurrency
Acquisition
Market Maker
Digital Asset Trading
liquidity solutions