What is ClearToken?

ClearToken is digital asset trading by introducing a clearing house to the market, aimed at reducing counterparty risk and fostering institutional adoption. The platform is in the process of establishing a Central Counterparty (CCP) to tackle prevalent issues in digital asset market structures. This CCP will eliminate bilateral counterparty risk in settlements, financing, and derivatives by centralizing clearing, settlement, collateral, and risk management, similar to the mechanisms in place for traditional exchange-traded assets. This structure allows ecosystem participants, including investors, exchanges, brokers, market makers, and custodians, to interact with the CCP directly, streamlining transactions, enhancing capital efficiency, and minimizing risks for all involved.