ClearToken Raises $10M in Seed Investment for Digital Asset Clearing House
ClearToken, a cryptocurrency clearing house, has secured over $10 million in seed investment from institutional investors including Nomura's Laser Digital. Other investors include liquidity providers Flow Traders and GSR, and digital asset companies LMAX Digital and Zodia Custody. ClearToken plans to offer horizontal clearing and settlement for digital assets and is in the process of obtaining clearing house recognition from the Bank of England to be fully regulated in the UK. The company aims to offer preliminary settlement services this year and central counterparty clearing services in the next 12-18 months.
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