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Clear Street to launch private markets platform with Databricks stakes
The fintech broker plans to start its platform by offering investors exposure to stakes in Databricks, a company valued at $188 billion, as it expands access to late-stage private startups.
CNBC reports that Clear Street, a fintech brokerage, is launching a private markets platform aimed at giving investors more access to late-stage startups.
The effort will begin with exposure to stakes in Databricks, the AI company valued at $188 billion, according to CNBC.
The launch marks Clear Street’s push beyond traditional brokerage services into private-market investing, starting with a high-profile late-stage name.
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CNBC MarketsFintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
CNBC WorldFintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks