ClearToken is building a London-based clearing house for global digital assets, centralising clearing, collateral, and risk management for settlement, financing, and derivative transactions. Its infrastructure aims to mitigate bilateral counterparty risk and to manage risk in real time via margining and default fund contributions. The company plans to operate 24/7, facilitating transactions from multiple venues and OTC markets globally. ClearToken intends to become fully regulated in the UK and has initiated the process of obtaining clearing house recognition from the Bank of England, targeting launch of CCP services in 12–18 months. It also intends to launch preliminary settlement services in 2024, subject to approvals from the Financial Conduct Authority and the Bank of England. The venture is being incubated by Laser Digital, Nomura's digital-asset arm, and has secured a $10 million funding round from institutional players.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2024