ClearToken Wins UK Regulator Approval for Digital Asset Settlement Service

Why It Matters

The approval introduces a regulated DvP framework that reduces counter‑party risk and capital inefficiency in crypto markets, likely accelerating institutional adoption and strengthening the UK’s digital‑asset infrastructure.

Summary

ClearToken has received FCA authorization to launch CT Settle, a delivery‑versus‑payment settlement platform that handles crypto, stablecoins and fiat currencies. The system eliminates pre‑funding of trades, enabling simultaneous asset and payment transfers and freeing up liquidity for institutional traders. Backed by Nomura’s Laser Digital, the service mirrors traditional market infrastructure such as CLS and paves the way for a regulated clearing and settlement layer for digital assets, with plans for a central counterparty and tokenised securities pending further approvals.