Key Takeaways
RQD Clearing raised $74 million in a minority investment led by Bain Capital Tech Opportunities to expand digital asset custody and tokenized markets.
According to BlockchainReporter, RQD Clearing has raised $74 million in a minority investment led by Bain Capital Tech Opportunities, with participation from ABN AMRO Clearing Bank and Nyca Partners. Disclosed on August 27, the funding will support expansion and infrastructure for digital asset custody and tokenized markets.
RQD provides clearing and custody services to broker-dealers, investment advisers, and overseas institutions accessing US markets. The firm plans to use the capital to expand in North America, Asia, and the Middle East while developing products to hold blockchain-based assets. The company reported clearing roughly 515 million equity transactions worth nearly $2 trillion this year, representing about 2.4% of US National Market System equity trading. In March, RQD partnered with Blue Ocean Technologies on clearing and settlement infrastructure for tokenized US equities.
Despite the funding, tokenized securities still require regulated custody, identity controls, risk management, and dependable links to cash settlement. RQD has not disclosed a launch date for its digital-asset custody products, and commercial availability remains dependent on product delivery and regulatory approval.
Source & Fact-Check Note
This report is synthesized from coverage by BlockchainReporter. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at BlockchainReporter ↗
