Clear Street, a regulated financial infrastructure firm headquartered in New York, has joined the XDC Network as an institutional-grade Masternode Validator. The move plants a Wall Street-adjacent firm directly into the consensus layer of a blockchain purpose-built for trade finance and real-world asset tokenization. Clear Street will handle block validation, ledger maintenance, and network governance, functions that are foundational to how the chain operates and secures itself. Why Clear Street matters Clear Street serves over 700 institutional clients, with customer balances approximating $16 billion. Its daily trading volumes sit around 550 million shares, representing roughly $28.4 billion in notional value per day. The company employs approximately 800 people and has raised roughly $1 billion in capital. XDC Network co-founder Ritesh Kakkad framed the partnership in geographic terms. “Clear Street joining as an institutional validator advances our push to deepen XDC Network’s presence in the United States.” A growing roster of heavyweight validators Clear Street is far from the first institutional name to take on this role. The XDC Network’s validator set already includes Anim...
Clear Street joins XDC Network as institutional-grade validator
1 month ago
16
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