RQD* Clearing raises $74M to build the plumbing for tokenized markets

Post-trade infrastructure is not the sexiest corner of finance. But it is where every trade goes to either live or die, and right now, a New York-based clearing firm called RQD* Clearing just convinced some serious money that this particular corner is about to get a lot more interesting. RQD* Clearing closed a $74M minority growth investment on August 27, 2026, led by Bain Capital Tech Opportunities, with participation from ABN AMRO Clearing Bank and Nyca Partners. The capital is earmarked for geographic expansion across North America, Asia, and the Middle East, plus an accelerated push into digital assets and tokenization infrastructure. The numbers behind the pitch RQD* is not pitching a vision without a track record. The firm has processed over 543 million ledger transactions and cleared approximately 515 million equity transactions, representing roughly 2.43% of the National Market System equities market and translating to nearly $2 trillion in notional value. On the options side, the firm cleared 64.8 million contracts with a premium value of $120.7 billion, representing about 0.63% of the options market, against a notional value of $3.93 trillion. The funding round did not ar...