CT Settle is Now Live!

Dear {{{Recipient.FirstName}}},

Today, I am delighted to announce that our FCA-authorised digital asset settlement service, CT Settle, is officially live!

In its first settlement cycle, CT Settle successfully processed over 94,000 trades with a notional value of USD $225m. This volume spanned 30 instrument pairs, covering major assets including BTC/USD and ETH/EUR.

This marks a significant moment for the digital assets sector. By introducing a delivery-versus-payment (DvP) model, and capital-efficient netting, CT Settle proves that operations can be streamlined while providing the rigour and transparency traditional institutions require to participate safely in a 24/7 market.

We are incredibly grateful to our launch partners, LMAX Digital, Flow Traders and Zodia Custody, and look forward to a successful relationship as we scale (full press release here). To speak to us about CT Settle and onboarding with us, reach out to myself or our Partnerships team.

Recent Webinars

We were glad to speak to so many of you from around the world about CT Settle on our recent webinar series, thank you for joining in. If you’d like to catch up on the deck and the highlights, see below for more details.

Abu Dhabi Finance Week

This week, I'm attending Abu Dhabi Finance Week along with Eric Dorré (COO), Akash Sharma (Head of Policy and Regulatory Affairs) and Bart Lijnse (Partner Manager – APAC). We are joining regulators, market infrastructures, banks, and FinTechs to discuss how next‑generation clearing and settlement can safely support 24/7 digital asset markets. Get in touch to schedule some time for a meeting during the week.

Looking forward

I am incredibly proud of the ClearToken team. 2025 has been a year of dedication and relentless hard work to turn our ambitious vision into a reality. We are delivering the trusted, regulated infrastructure the ecosystem needs to mature, with CT Settle as the first step towards our vision to realise the promise of tokenisation, 24/7 trading and the lasting unification of the digital assets and traditional finance markets.

In the meantime, on behalf of everyone at ClearToken, we wish you a wonderful holiday season and look forward to working with you in 2026.

Ben

In this edition:

Introducing CT Settle

Webinars

We were delighted at the enthusiastic response to our first set of webinars: “Introducing CT Settle”. We discussed how CT Settle:

• works and fits into a healthy market structure
• will support scaling spot crypto
• improves capital efficiency
• works in practice with a practical demo

We also covered ClearToken’s overall strategy, answering some insightful questions along the way.

Our directory of webinar clips can be found at our Insight Hub, featuring such helpful topics as:

• why CT Settle eliminates the need for prefunding
• explaining how DvP and netting work
• how CT Settle improves capital efficiency
• the onboarding process

DvP Working Groups

We invite you to work with the core CT Settle network, other counterparties joining the network or your trading partners that you would like to move to ClearToken for post-trade settlement. Reach out to Eric (USA), Peter (EMEA) or Bart (APAC) to get started.

"Why Our Small Step in Crypto is a Giant Leap for Digital Asset Markets"

Head of Product, Oliver Margolis, explains why CT Settle’s FCA authorisation is more than a regulatory formality. By unlocking the path to horizontal settlement and DvP for digital assets, CT Settle is a “giant leap” for market structure, finally solving the pre-funding and risk headaches keeping institutions on the sidelines.

Read it on our Insight Hub or on LinkedIn.

Property (Digital Assets etc) Act 2025

On the 2nd December, the Government passed the Property (Digital Assets etc) Act, a landmark step in England toward safer, more scalable institutional digital asset markets. By recognising digital assets as a form of legal property in England and Wales, the Government has laid the legal foundations for real market infrastructure to be built around them – including clearing, settlement, and risk management at institutional scale. We await developments on a similar bill that is working its way through the Scottish Parliament, to allow property law in Scotland to align with English law.

For ClearToken, this is more than a legal technicality. It is a prerequisite for treating digital assets with the same seriousness as traditional securities, enabling robust netting, collateral, and default management frameworks rather than ad‑hoc, bilateral arrangements.

"Nothing can stop 24/7 markets. Here's how the UK can dominate"

T+1 is just the warm-up. The future is 24/7, where everything is tradable, anytime. With English law securing settlement finality and the Digital Securities Sandbox, the UK is uniquely placed to lead. In this article, Ben takes looks at how London can build the plumbing to dominate this new era of digital markets.

Read it on our Insight Hub or on LinkedIn.

Thank You

Thank you for your continued support of ClearToken. We look forward to sharing further updates on our progress, and as always, we encourage you to get in touch with any thoughts or questions.

Benjamin Santos-Stephens – CEO

ben@cleartoken.io