Overview
- ClearToken was added to the U.K. Financial Conduct Authority’s registry, confirming approval to operate CT Settle for digital assets, stablecoins and fiat.
- The company says CT Settle delivers delivery‑versus‑payment net settlement to free capital by removing prefunded collateral and reducing counterparty exposure.
- ClearToken Depository Limited is authorized as a Payment Institution and registered as a crypto asset firm, enabling a regulated DvP settlement service.
- Backed by Nomura’s Laser Digital, the London firm is building venue‑agnostic infrastructure with cross‑market netting designed for 24/7 trading across exchanges and OTC venues.
- Next on the roadmap, ClearToken plans to seek Bank of England recognition for a central counterparty and to expand into tokenized securities via the U.K. Digital Securities Sandbox, while noting X Capital Group’s FCA approval on Nov. 4.