Paul Johnson London-based ClearToken has achieved regulatory approval from the Financial Conduct Authority (FCA) for its CT Settle platform, marking a major leap for the UK’s digital asset infrastructure. The authorization allows ClearToken to officially operate its delivery-versus-payment (DvP) settlement system, offering a regulated path for seamless transactions in digital assets, stablecoins, and fiat currencies.
FCA Approval Paves Way for Efficient Crypto Settlement
The FCA’s green light for CT Settle represents a pivotal milestone for the UK’s growing digital finance sector. The platform eliminates one of crypto’s most persistent challenges: capital inefficiency caused by the need for pre-funded trades on exchanges and over-the-counter (OTC) desks.
By introducing true DvP settlement, ClearToken enables digital assets and fiat payments to move simultaneously between counterparties. This process reduces settlement risk and removes the need for locked collateral, freeing up liquidity across markets. The firm said this innovation aligns with global best practices in financial market infrastructure, bringing crypto settlement closer to the efficiency standards of traditional finance.
Backed by Nomura’s Laser Digital and Industry Heavyweights
ClearToken’s efforts are supported by notable backers, including Laser Digital, a subsidiary of the Japanese banking giant Nomura. The firm is building a post-trade infrastructure designed for 24/7 digital markets, reflecting the pace and flexibility required in crypto ecosystems.
Its architecture is modeled on the CLS system widely used in foreign exchange markets, bringing both risk mitigation and legal clarity to digital asset settlement. By bridging these principles into crypto, ClearToken is setting a precedent for institutional-grade reliability in digital trading operations.
Expanding Into Tokenized Securities and CCP Clearing
Looking ahead, ClearToken’s roadmap includes establishing a central counterparty clearing house (CCP), pending approval from the Bank of England. This next phase will further align crypto settlement processes with established financial standards.
The company also plans to extend its post-trade services to tokenized securities under the UK’s Digital Securities Sandbox, a government initiative promoting innovation within regulated environments.
This expansion could make ClearToken one of the first fully compliant players offering unified infrastructure for digital assets, fiat, and tokenized securities under UK oversight.
ClearToken Joins FCA’s Growing Registry of Licensed Crypto Firms
The FCA recently added two new firms to its crypto registry, signaling renewed regulatory momentum in the sector. Alongside ClearToken, X Capital Group received its approval earlier this month, underscoring the regulator’s active role in building a compliant and transparent digital economy.
For ClearToken, FCA authorization not only strengthens its operational credibility but also positions the company as a cornerstone of the UK’s evolving digital asset ecosystem. As traditional institutions increasingly adopt blockchain technology, platforms like CT Settle are expected to play a defining role in shaping the infrastructure of the next-generation financial markets. Read full press release here.
