Provable Markets raises Series B funding round led by Charles Schwab, with additional participation by DTCC
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SEC-registered broker-dealer running the Aurora Alternative Trading System for securities finance now backed by two of the largest institutions at the center of U.S. markets, Charles Schwab and DTCC. Key points NEW YORK, July 29, 2026 /PRNewswire/ -- Provable Markets , operator of the securities finance platform Aurora, today announced the completion of its Series B investment round led by Charles Schwab (NYSE: SCHW ), with The Depository Trust & Clearing Corporation ( DTCC ) joining as a new investor, and participation from existing investors Dialectic Capital Management, Inkef and others. The investment comes at a pivotal time in the Provable Markets growth story. The platform has posted new records for four consecutive quarters on its ATS processing over $30 trillion in monthly order volume. "At Schwab, we value supporting innovative firms and technology that strengthen the financial services ecosystem and enable Schwab to meet the needs of our clients," said Howie Kennedy, Managing Director, Securities Lending, Charles Schwab Corporation. "Provable Markets supports that objective by helping modernize securities finance workflows through automation, connectivity, and scalable solutions, improving capital market efficiency and execution quality." Provable Markets facilitates end- to- end securities finance workflows through a fully cloud-native offering that boasts deep...
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