Cryptocurrency clearing platform Cleartoken closes over $10 million seed round with participation from Laser Digital, GSR and others

Cryptocurrency clearing platform Cleartoken announced on Wednesday that it has closed a seed round of over $10 million in funding with participation from Nomura Securities' Laser Digital, liquidity providers Flow Traders and GSR, as well as digital asset firms LMAX Digital and Zodia Custody. ClearToken will offer the benefits of horizontal clearing and settlement for digital assets, the company said. ClearToken plans to be fully regulated in the U.K. and has begun the process of obtaining a clearing house license from the Bank of England. The company plans to offer initial settlement services this year and central counterparty clearing (CCP) services within the next 12-18 months. (CoinDesk)v