Overview
- ClearToken received authorization to operate CT Settle, a delivery‑versus‑payment settlement service for crypto, stablecoins and fiat.
- ClearToken Depository Limited is authorized as a Payment Institution and is registered as a crypto asset firm under anti‑money‑laundering rules.
- The system enables simultaneous asset and cash movement, removing pre‑funding requirements and cutting counterparty risk for institutions.
- CT Settle is venue‑ and custodian‑agnostic, supports cross‑market netting across exchanges and OTC, and is built for 24/7 digital markets.
- The company plans to launch a central counterparty and seek Recognized Clearing House status, with expansion to tokenized securities pursued through the U.K. Digital Securities Sandbox as the Bank of England advances stablecoin rulemaking.