RQD* Clearing has raised $74 million in a funding round led by Bain Capital, with participation from ABN AMRO Clearing Bank and Nyca Partners. The clearing and custody firm said it will use the capital to expand across North America, Asia, and the Middle East.
The company also plans to develop products focused on digital asset custody and tokenization. RQD* provides clearing and custody services for broker-dealers, investment advisers, and overseas financial institutions entering the U.S. market.
RQD* Clearing Raises $74 Million in Bain Capital-Led Funding Round
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