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Nextrade STO consortium cleared by FTC, steps up push for final licence

An NXT fractional investment consortium involving Nextrade will accelerate its push for a final licence for an over-the-counter trading venue after South Korea\'s Fair Trade Commission found no wrongdoing in claims of unfair technology use and business interference. Nextrade said the watchdog concluded it was hard to see that it used Lucentblock\'s technology or obstructed its business. The consortium plans to apply for final approval and prepare for a market launch in the fourth quarter of 2026.