ClearToken
Cryptocurrency clearinghouse
ClearToken brings a clearing house to the market for digital asset trading, lowering counterparty risk and enabling wider institutional adoption. ClearToken is building a Central Counterparty (CCP) to address the key issues and challenges that arise in the market structure for digital asset trading. The CCP will remove bilateral counterparty risk for settlement, financing and derivative transactions by centralising clearing, settlement, collateral and risk management arrangements, akin to traditional exchange traded assets. This will enable all participants in the ecosystem, investors, exchanges, brokers, market makers and custodians to face the CCP rather than each other, thereby streamlining transactions, increasing capital efficiency and reducing risk for all participants.