Consensys and ClearToken team up on 24/7 settlement for wholesale markets

Introduction

Consensys and ClearToken announced a strategic partnership on October 8, 2026, to build around-the-clock settlement infrastructure for tokenized assets and cash in wholesale financial markets.

What the Two Firms Are Combining

Consensys contributes cryptographic finality, meaning on-chain immutability plus interoperability across different blockchain systems. ClearToken handles legal certainty that a transfer is irrevocable.

The Stated Goal

The stated goal is continuous delivery-versus-payment settlement. According to the announcement, the setup is meant to support settlement against fiat currencies, tokenized deposits, and stablecoins. The partnership also seeks to promote the tokenization of eligible securities as fungible instruments.

Integrating ClearToken's DvP Services with Consensys' Blockchain Protocols

Integrating ClearToken's DvP services with Consensys' blockchain protocols is intended to bridge digital trading venues and legacy financial systems.

The Importance of Tokenization

David Cunningham, President of Consensys, highlighted the importance of tokenization in the shifting financial landscape as part of the announcement.

What This Means for Banks and Markets

The inclusion of stablecoins and tokenized deposits alongside fiat suggests the partnership is designed to let institutions choose their cash leg rather than forcing everyone onto a single payment rail.

Sandbox Approval for ClearToken CSD

ClearToken CSD operates inside the Bank of England's sandbox, which allows it to act as a digital securities depository for tokenized assets. Eligible instruments include UK gilts, corporate bonds, and FTSE 350 shares, all within supervised limits.

The Benefits of Always-On Settlement

Traditional post-trade processes depend on business-hour constraints. Continuous DvP aims to shrink that window toward zero, reducing exposure and risk.