Digital asset trading firm STS Digital has announced the acquisition of Swiss cryptocurrency market maker flovtec to expand its market making capabilities and enhance liquidity solutions. STS Digital, which specializes in OTC trading and market making, said the strategic acquisition will "significantly accelerate its market making services" and provide "deeper liquidity and tighter spreads" to flovtec's existing client base. Following the acquisition, flovtec’s trading infrastructure and proprietary algorithms will be integrated into STS Digital’s existing platform. STS Digital claims this will "facilitate the development of new and innovative trading products and services". Additionally, since flovtec is regulated in Switzerland, the acquisition could aid STS Digital's expansion in the European market. The acquisition will enhance STS Digital's multiple services, including regulated custody and over-the-counter trading services.