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Clear Street, a securities and derivatives broker, has closed an investment round at a $12 billion valuation. According to sources, this move paves the way for the company to pursue an initial public offering (IPO). The significant funding milestone highlights growing investor interest in the fintech sector, which provides trading infrastructure and prime brokerage services to institutional clients. By securing this valuation, Clear Street positions itself as a major competitor to traditional financial institutions, aiming to modernize clearing and settlement processes. The capital infusion is expected to support further technological development and international expansion ahead of a potential public listing.
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