STS Digital, a company specializing in over-the-counter (OTC) trading and market making for digital assets, recently acquired flovtec. flovtec is a Switzerland-based market maker and portfolio company of the European Super Angels Club (ESAC). ESAC had held an investment stake of approximately €1.5 million in flovtec. This acquisition marks a significant milestone in STS Digital’s mission to expand its market-making capabilities and improve liquidity solutions.

flovtec’s Innovative Market-Making Approach

flovtec has earned a strong reputation for its innovative approach to liquidity provision in digital asset markets. Moreover, the company offers advanced algorithmic trading strategies and liquidity management solutions. Since its founding in 2018, flovtec has delivered tailored liquidity and efficient market-making services across a broad range of digital assets.

Key Benefits of the Acquisition

1. Expansion of Market-Making Services: STS Digital’s acquisition of flovtec will significantly boost its market-making services. In fact, this move allows STS to offer flovtec’s clients increased liquidity and tighter spreads.

2. Enhanced Technological Capabilities: flovtec’s advanced trading infrastructure and proprietary algorithms will integrate with STS Digital’s platform. This integration strengthens STS Digital’s technological edge in the competitive digital asset market and fosters the development of new, innovative trading products and services.

3. Increased Geographic Reach: With flovtec’s strong presence and regulatory compliance in Switzerland, STS Digital will expand its reach across the European market. This expansion aligns with STS’s strategy to become a global leader in digital asset trading and market making.

4. Improved Customer Services: The combined expertise and resources of STS Digital and flovtec will enhance the delivery of top-tier customer services. These services include regulated custody, tailored liquidity solutions, cost-efficient trading strategies, and improved client support.

A Successful Exit for ESAC

Berthold Baurek-Karlic, President of the European Super Angels Club, expressed satisfaction with the exit. Furthermore, he stated, “The strong start of flovtec, marked by innovation and progress, led us at ESAC to invest in 2021. The merger with STS Digital, a leading trading firm for digital assets, is an excellent step forward in developing flovtec’s vision. STS Digital gains a wealth of expertise, experience, and innovative approaches from flovtec, which will ultimately benefit them. As the European Super Angels Club, we are proud to have supported this young and innovative company on their successful journey.”

Looking Forward: Leadership Perspectives

Gideon Hyams, Co-Founder and Co-CEO of STS Digital, commented on the acquisition: “We are thrilled to welcome flovtec into the STS Digital family. This acquisition underscores our commitment to providing our clients with unparalleled market-making services and a comprehensive range of OTC solutions. It comes at a time when STS is growing rapidly, and expanding our team is essential to meet increasing client demand. The expertise flovtec brings will be invaluable as we continue to innovate and expand our offerings.”

Nicolas Grawe, CEO of flovtec, added, “The merger with STS Digital presents an exciting opportunity for flovtec. Our combined strengths will enable us to better serve our clients and support the growth of the digital asset market. We look forward to integrating our teams and leveraging our collective expertise to reach new heights.”

In conclusion, this acquisition represents a significant step forward for both STS Digital and flovtec. It is undoubtedly setting the stage for enhanced services and continued innovation in the digital asset space.