ClearToken, Consensys launch 24/7 wholesale settlement

ClearToken and Consensys have launched infrastructure to support round-the-clock settlement for wholesale-market transactions beyond standard business hours.

ClearToken and Consensys have launched infrastructure designed to support continuous settlement in wholesale markets. The system allows market participants to process transactions outside traditional business hours.

The initiative combines ClearToken’s settlement infrastructure with Consensys’ blockchain technology. It is intended for institutional transactions and addresses the limits of systems that operate only during scheduled market hours.

The companies did not provide details on the launch date, participating institutions or markets covered.

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