ClearToken CSD Clears Hurdle to Operate Regulated Digital Securities Depository
ClearToken CSD Limited has been approved by the Bank of England to operate a Digital Securities Depository (DSD) in the Digital Securities Sandbox.
This approval enables regulated continuous 24/7 settlement for tokenized debt and equities, with a phased expansion to additional asset classes.
The first DSD to settle tokenized equities and corporate bonds alongside sovereign debt, ClearToken CSD becomes the second firm to pass Gate 2 and the first non-bank to do so.
This development delivers regulated post-trade infrastructure for tokenized securities, enabling 24/7 collateral mobilization and intraday repo. This means that institutions can settle repo intraday on a 24/7 basis, reducing the cost of financing by allowing them to borrow against collateral for hours rather than days.