Provable Markets Completes Series B Funding Led by Charles Schwab with DTCC Participation
Provable Markets has completed its Series B funding round led by Charles Schwab (NYSE: SCHW) and joined by The Depository Trust & Clearing Corporation (DTCC), along with existing investors. This investment supports the company's growth in team expansion, infrastructure connectivity, product development, and geographic reach. The firm operates Aurora, an SEC-registered Alternative Trading System for securities finance that has seen record performance over four consecutive quarters, processing more than $30 trillion monthly order volume. The platform offers end-to-end automation of pre-trade, execution, and post-trade workflows with deep integration into U.S. capital market infrastructure. The funding will help Provable Markets scale its operations to meet growing client demand while enhancing technology capabilities that improve efficiency in the securities finance ecosystem.
Topics: Aurora ATS Charles Schwab DTCC Provable Markets Series B funding