Digital Assets are the
Future of Financial Markets
ClearToken is building the clearing & settlement infrastructure that market stability and growth depend on.
Welcome to ClearToken:
Pioneers of financial market infrastructure for digital assets
Redefining Digital Asset Market Structure
ClearToken is building the clearing and settlement infrastructure digital assets need to scale with confidence.
By reducing risk, unlocking capital, and streamlining settlement, we’re working to solve the biggest barriers to market growth.
- Greater Market Access: Connecting liquidity across venues while optimising capital.
- Less Risk, More Certainty: Removing counterparty exposure and settlement uncertainty.
- Built for the Future: Designed to align with evolving regulations and market needs.
Join us in setting a new standard for trust, efficiency, and market resilience in digital asset trading.
Proven Progress. Building Momentum
Proof of Concept
Successfully completed PoC in 2023 with 60+ market participantsDigital Securities Sandbox
Passed Gate 1 of UK’s DSS exploring CSDs for digital assetsInstitutional Partners
Join our clearing & settlement working groups in progressExpert Leadership
Highly experienced team across traditional finance, digital assets and FinTechLondon Base
World-leading financial regulatory frameworkInstitutional participation is accelerating, but key issues must be resolved:
Proven Solutions for Tomorrow’s Market Challenges
meet immediate institutional needs, tackling –
- 24/7 settlement
- risk management
- market fragmentation
- capital inefficiency
while preparing the industry for long-term growth –
- ensuring regulatory alignment
- foundation of trust
- empowering institutions to trade with confidence in a secure, efficient market.
Learn more about our services:
Digital Assets are Missing Essential Market Structure
No CCPs have emerged for digital assets. Clearing services play a critical role in reducing systemic risk and ensuring the integrity of financial markets. ClearToken’s CCP solution introduces a trusted intermediary that mitigates counterparty risk and enhances capital efficiency.
By netting transactions and centralising risk management, ClearToken will reduce capital burdens and eliminate bilateral exposure. This allows market participants to optimise their capital allocation while benefiting from a standardised clearing process.
A CCP also provides greater market stability, ensuring that trades are finalised without default concerns. This fosters a deeper and more liquid market, improving access for both institutional and retail participants.
Secure Markets Depend on Simultaneous Settlement
Settlement remains one of the most critical challenges in digital asset trading. The dominance of bilateral transactions settling trades on a free of payment (FoP) basis has created a capital intensive and complex web of interdependent credit and settlement risks.
Delivery vs payment (DvP) settlement is a fundamental capability that underpins traditional financial markets. By simultaneously delivering cash and assets, ClearToken’s DvP settlement service will eliminate FoP exposure and standardise processes across venues.
Our infrastructure will enable faster intraday T+0 settlement cycles, reducing delays and unlocking capital for reinvestment.
By harmonising settlement processes, ClearToken bridges the gap between traditional finance and digital asset markets, ensuring that institutions can operate within a familiar and robust framework.
Settlement Finality is a Question of Law, Not Code
There is currently no means of achieving legal finality in digital assets. Whilst blockchain provides largely irrevocable ledgers that reduce the likelihood of fraudulent adjustments, technology alone cannot protect trades from a legal order to be unwound.
Trades settled through central securities depositories (CSDs) are protected as being legally final, meaning that they cannot be unwound for any reason, including a court judgement. This is a critical pillar of market stability, and without it, regulated institutions are limited in their ability to participate in digital assets.
ClearToken is designing a Digital Central Securities Depository (DSD) and is proud to be the first firm to pass through Gate 1 of the UK’s Digital Securities Sandbox in December 2024. Subject to regulatory approvals, our DSD will provide the security and legal finality established in traditional financial markets as well as ensuring the efficient recording, safekeeping, and servicing of digital assets and tokenised securities.
Serving the Breadth of the Market
ClearToken’s horizontal infrastructure solves shared problems for broad range of participants from both traditional and digital-native markets.
Discover more about ClearToken and our mission to be a transformational solution in evolution of digital asset markets.
Read about ClearToken’s successful delivery of Proof of Concept.
Learn more about our mission and purpose.
ClearToken in the Media
The first chapter of this white paper examines the structural weaknesses in digital asset settlement, highlighting the risks of off-chain centralisation, on-chain inefficiencies, and high prefunding requirements. Through historical parallels and market failures, we explore why netting, settlement cycles and structured market infrastructure are essential, and how a digital CSD can enable safer, more efficient settlement.
ClearToken is proud to announce its admission into the Bank of England’s Digital Securities Sandbox (DSS) as a Sandbox Entrant, as it seeks to ultimately operate as a Digital Securities Depository (DSD) for digital securities.
ClearToken proudly participated in the FIA Expo 2024, one of the derivatives industry’s foremost global events and was honoured to be among 10 fintech startups selected for the 10th FIA Innovators Pavilion, reinforcing our role in delivering transformative solutions for digital assets within the derivatives and futures markets.