Clear Markets and N3XT bring US dollar custody to Collateralizer network
15 October 2026 US
Image: MastersedZ/stock.adobe.com
N3XT, a fully reserved Wyoming-chartered US bank, has joined Clear Markets’ Collateralizer network as a custodian for US dollar deposits.
The firms report that through Collateralizer, bank clients can pledge USD cash held at N3XT under agreed custody and collateral control arrangements, N3XT then provides cash custody and account-control agreements, while Clear Markets provides collateral management technology without taking custody of client funds.
USD pledges held at N3XT can be managed as collateral for 24/7 transactions including forwards, options, and swaps traded on Clear Markets Swap Execution Facility (CMSEF), funding for third-party exchanges, and security for borrowing, the firms further explain.
CMSEF is a US Commodity Futures Trading Commission (CFTC) regulated swap execution facility for 24/7 institutional digital asset and crypto derivatives trading.
Collateralizer is Clear Markets’ separate collateral-management service, which the firm says connects independent bank custodians for margin and collateral workflows.
Shawn Dorsch, president of Clear Markets, comments: “Our goal is to make it easier for institutions to trade swaps and other derivatives while holding their collateral safely at an independent bank custodian.
“Adding N3XT to the Collateralizer network gives clients a place for their dollar collateral and streamlines regulated swap execution, cash custody, and collateral management on digital rail.”
Jeffrey Wallis, CEO and president of N3XT, adds: “Capital markets are moving toward an increasingly 24/7 environment, and institutions need dollar infrastructure that can move instantly and with the markets.
“By connecting our 24/7-dollar rails to the Clear Markets Collateralizer network, our clients can now use cash securely held at N3XT as collateral for institutional digital asset and real-world asset trading on-chain, with Clear Markets providing the collateral management technology.”
The firms report that through Collateralizer, bank clients can pledge USD cash held at N3XT under agreed custody and collateral control arrangements, N3XT then provides cash custody and account-control agreements, while Clear Markets provides collateral management technology without taking custody of client funds.
USD pledges held at N3XT can be managed as collateral for 24/7 transactions including forwards, options, and swaps traded on Clear Markets Swap Execution Facility (CMSEF), funding for third-party exchanges, and security for borrowing, the firms further explain.
CMSEF is a US Commodity Futures Trading Commission (CFTC) regulated swap execution facility for 24/7 institutional digital asset and crypto derivatives trading.
Collateralizer is Clear Markets’ separate collateral-management service, which the firm says connects independent bank custodians for margin and collateral workflows.
Shawn Dorsch, president of Clear Markets, comments: “Our goal is to make it easier for institutions to trade swaps and other derivatives while holding their collateral safely at an independent bank custodian.
“Adding N3XT to the Collateralizer network gives clients a place for their dollar collateral and streamlines regulated swap execution, cash custody, and collateral management on digital rail.”
Jeffrey Wallis, CEO and president of N3XT, adds: “Capital markets are moving toward an increasingly 24/7 environment, and institutions need dollar infrastructure that can move instantly and with the markets.
“By connecting our 24/7-dollar rails to the Clear Markets Collateralizer network, our clients can now use cash securely held at N3XT as collateral for institutional digital asset and real-world asset trading on-chain, with Clear Markets providing the collateral management technology.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one digital assets news source this year, make sure it is your free subscription to The Digital Assets Edge
100% ON RETURNS If you invest in only one digital assets news source this year, make sure it is your free subscription to The Digital Assets Edge
