RQD CLEARING RAISES $74M TO EXPAND MODERN CLEARING INFRASTRUCTURE

Summary from the TLDR Fintech newsletter

RQD Clearing raised a $74 million minority growth investment led by Bain Capital Tech Opportunities, with participation from ABN AMRO Clearing Bank and Nyca Partners, to expand across North America, Asia, and the Middle East and invest further in digital assets and tokenization. The company is positioning its proprietary, real-time clearing and custody platform as an alternative to legacy post-trade infrastructure, after processing nearly $2 trillion in US equity notional value and $3.93 trillion in options notional year to date.