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Clear Street raises $270m in Series B funding

New York based capital markets infrastructure company raised $270m in Series B funding led by Prysm Capital.

“The public U.S. securities industry, which moves trillions of dollars a day, still relies on mainframe technology from the 1980s. These legacy systems are entrenched in manual processes and siloed data, resulting in costly errors and expensive technical debt.”

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capital markets, infrastructure