Institutional players back digital asset clearing house ClearToken

Finextra - 13/03/2024

Written by: Finextra

...ClearToken's infrastructure will aim to mitigate bilateral counterparty risk for settlement, financing, and derivative transactions by centralising clearing, collateral, and risk management arrangements. The company will operate 24/7, facilitating transactions from multiple venues and OTC markets globally, while managing risk in real-time through margin and default fund contributions....