Clear Street provides prime brokerage and capital-markets infrastructure via a cloud-based, API-first platform. It lets sophisticated traders trade equities and options across major markets with services including execution, financing, clearing, custody, and securities lending. The platform is hosted in the cloud and uses well-documented APIs to integrate with clients’ systems, delivering a unified solution for onboarding, settlement, and cross-market trading. The goal is to streamline and scale capital markets workflows by offering flexible pricing and a strong capital base to support rapid growth.
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Industries
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$1B
Headquarters
New York City, New York
Founded
2018
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Total Funding
$1B
Above
Industry Average
Funded Over
7 Rounds
Hermetica integrates Clear Street. Hermetica has integrated Clear Street, a U.S. broker-dealer and FINRA and SIPC member. Oct 5, 2026 TL;DR: Hermetica has integrated Clear Street, a U.S. broker-dealer and FINRA and SIPC member. Clear Street now executes, settles and custodies the reserve's securities, starting with STRC. Direct access to bitcoin-backed credit. Hermetica has integrated Clear Street to directly trade and custody listed Bitcoin-backed securities, including STRC. Clear Street is a U.S. broker-dealer and FINRA and SIPC member providing execution, clearing, custody and financing infrastructure for institutional investors. In its February 2026 Form S-1, the firm reported more than 2,000 clients, $31.3 billion in daily trading activity and more than $17.7 billion in interest-bearing client balances. The integration gives Hermetica a direct route into Bitcoin-backed credit. USDh reserve capital can now be used to purchase securities such as STRC directly, with execution, settlement and custody handled within the same institutional brokerage infrastructure. Execution, custody and Transparency. Hermetica allocates USDh reserve capital to eligible listed securities through Clear Street. Clear Street executes and settles each trade, then holds the securities in Hermetica's custodial account. Positions can subsequently be increased or reduced through the same brokerage account. While held, these securities pay preferred dividends that accrue to the USDh reserve strategy. Clear Street provides account-level records of securities holdings for ongoing monitoring and reconciliation. Positions are reflected on the Hermetica Transparency Dashboard, while USDh's monthly attestations will verify the amount of assets held with Clear Street. Securities held at Clear Street are treated as customer property under U.S. broker-dealer segregation rules, held separately from the firm's own assets. SIPC membership protects customer securities in the event of broker-dealer failure. Building digital money on Bitcoin. Bitcoin already anchors financial activity across savings, credit, lending, derivatives and settlement. USDh brings a dollar-denominated instrument into that system. Bitcoin remains the reserve and savings asset, while USDh provides a stable unit for pricing. Hermetica call this digital money on Bitcoin. The Clear Street integration adds another layer to USDh's digital money stack.
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Clear Street expands electronic execution globally. Financial technology provider Clear Street has launched electronic execution across Europe and Asia Pacific, expanding its algorithmic trading offering beyond the US and Canada for the first time. The expansion covers 27 new markets across Emea and Apac with clients able to execute through a single connection and view positions and trades through the same real-time ledger used by Clear Street's US business. In Emea, the firm now provides execution across primary exchanges in 22 markets, as well as dark venues, systematic internalisers, periodic auction books and ETF liquidity through request-for-quote trading. In Asia-Pacific, Clear Street has launched electronic execution in Australia, Hong Kong, Japan, New Zealand and Singapore. South Korea and Taiwan are expected to be added in the coming months. The offering supports nine main execution strategies and integrates with major execution management and order management systems. Clients can also choose from various configurable execution parameters. Alongside the regional expansion, Clear Street has introduced a 24-hour smart order router designed to provide overnight access to US equities between 8pm and 4am Eastern Time.
Clear Street has completed its UK and European equities infrastructure build after gaining London Stock Exchange clearing membership. The financial technology firm's UK business now provides execution, clearing and financing in UK and European equities following admission as a General Clearing Member of the LSE on 3 September. The development follows Clear Street's FCA authorisation in December 2024 and London Metal Exchange Category 1 membership the same month. The company joined LCH EquityClear as a General Clearing Member in July 2026. Clear Street now clears its own UK and European equity business directly, holding UK, European and US positions on one ledger. The firm received authorisation from the Netherlands Authority for the Financial Markets in April 2026. Globally, Clear Street serves over 900 institutional clients and trades an average of $33.6 billion of US equities daily.
Clear Street appoints Nash as chief business officer. 14 September 2026 US Reporter: Zarah Choudhary Clear Street, a cloud-native financial infrastructure technology firm, has appointed Stephen Nash as chief business officer of Global Partnerships. In this role, Nash will lead commercial strategy for the firm's work with foreign financial institutions, banks, and fintechs that use the company's infrastructure to offer their own clients access to US markets. Nash previously spent nearly nine years at DriveWealth as chief commercial officer, leading global commercial strategy for the brokerage-infrastructure platform that lets banks, fintechs, and financial institutions offer investing to their customers. He built and led partnerships with a wide range of sophisticated brokers and digital disrupters across the Americas, Europe, the Middle East, Asia, and Australia. Uri Cohen, CEO and co-founder of Clear Street, says: "Our global build continues at a rapid pace, and global partnerships are the natural next step, extending our platform to the institutions serving millions of investors around the world. An opportunity of that scale demands leadership that has lived on both sides of the business, and Stephen brings it." Nash adds: "I've spent my career around the evolving complexity of cross-border capital markets, first as a banker bringing foreign issuers into the US, then helping institutions bring their own customers in. "Clear Street's infrastructure was built and proven for the most demanding institutional clients in the market, and extending that same standard to banks, brokers, and fintechs around the world is the opportunity I came here to deliver." Previous people moves article Next people moves article NO FEE, NO RISK 100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
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Industries
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$1B
Headquarters
New York City, New York
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs