Bermuda-based crypto trading platform STS Digital, which caters to institutional investors, raised $30M led by CMT Digital, with Kraken and others participating (Ben Weiss/Fortune)

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Ben Weiss / Fortune:Bermuda-based crypto trading platform STS Digital, which caters to institutional investors, raised $30M led by CMT Digital, with Kraken and others participating  —  Even as retail traders flee the crypto markets amid plummeting prices, large financial institutions continue to lean into digital assets.