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ClearToken Wins FCA Approval For Digital Asset Settlement Platform

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ClearToken Wins FCA Approval For Digital Asset Settlement Platform | 3verseTV
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ClearToken has received authorization from the U.K.’s Financial Conduct Authority for its CT Settle platform, a delivery-versus-payment system for digital assets, stablecoins, and fiat currencies.

The London-based firm aims to eliminate the need for prefunded trades, improving capital efficiency and reducing counterparty risk. Backed by Nomura’s Laser Digital, ClearToken is building a 24/7 post-trade infrastructure modeled on traditional financial systems.

It also plans to launch a central counterparty clearing house pending Bank of England approval and expand into tokenized securities through the Digital Securities Sandbox.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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