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

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 actually combining Consensys contributes cryptographic finality, meaning on-chain immutability plus interoperability across different blockchain systems. Once a transaction is recorded on the ledger, it can’t be quietly rewritten. Consensys also aims to make that record readable across multiple chains instead of trapping it on one network. ClearToken handles legal certainty that a transfer is irrevocable. A blockchain can prove a transfer happened. A court, a regulator, or a bank’s compliance team wants to know the transfer is legally final and can’t be unwound later. Tech finality and legal finality are two different promises, and wholesale markets need both before they move serious money. 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 fun...