RQD* Clearing Raises $74M in Bain Capital-Led Round to Build Tokenization Infrastructure

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U.S. clearing and custody firm RQD* has secured $74 million in a funding round led by Bain Capital. The capital raise signals growing institutional interest in preparing financial infrastructure for tokenized markets. RQD* intends to use the funds to expand its digital asset capabilities and tokenization services. The investment reflects broader efforts by Wall Street to modernize clearing and custody operations ahead of anticipated growth in blockchain-based financial instruments.

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