STS Digital Adds Tokenised Equities, ETFs and Commodities

The principal trading firm said institutional and professional clients can access spot trading, over-the-counter options, structured products and quantitative investment strategies across the expanded range. Positions are held in a single cross-margined account, with STS as the counterparty. Clients can already use tokenised gold or equity ETFs as collateral for crypto options positions.

The initial offering includes tokenised versions of major US index ETFs and large-cap equities, as well as forex, gold and oil. STS plans to add more individual stocks, structured products and asset classes as liquidity develops. Settlement is in stablecoins or the relevant tokens, and clients can connect through the firm’s trading desk, portal or API. Availability depends on jurisdiction.

STS holds a Class F licence from the Bermuda Monetary Authority under the Digital Asset Business Act. The firm said it reviews each listed tokenised asset’s issuer, backing, redemption structure, reserves, custody and liquidity. It already offers trading in more than 400 tokens. Its backers include CMT Digital, Kraken parent Payward, Arrington Capital, Strobe Ventures, F-Prime and BitRock Capital.

Co-founder and chief executive Maxime Seiler said tokenisation allows assets to move “instantly, in any size, around the clock,” making them usable as collateral. He said about $40 billion in tokenised real-world assets is now on-chain. STS is targeting institutional derivatives and collateral use, while Kraken and Robinhood launched tokenised stock products for non-US clients in 2025.