Provable Markets, operator of the Aurora securities finance platform, completed a Series B funding round led by Charles Schwab with new investment from DTCC and existing investors. The platform, which processes over $30 trillion in monthly order volume, aims to modernize securities finance through automation and connectivity, improving capital efficiency and execution quality. The funding will support team growth, product development, and geographic expansion as Provable strengthens its role in U.S. market infrastructure.
Donor-advised funds (DAFs) linked to Charles Schwab are experiencing a boom in donations of private-company shares, driven by soaring valuations of private tech firms like Anthropic and OpenAI. These funds allow donors to gift shares, claim immediate...
Compass Point initiated a "Buy" rating on Charles Schwab following its strong Q2 2026 financial results, which included a 20.9% revenue increase and a 42% rise in adjusted EPS. The firm also saw a 49% surge in core net new assets and total client ass...
The Texas Stock Exchange (TXSE) officially launched its trading operations, becoming the first major new U.S. stock exchange in decades. Based in Dallas, TXSE aims to compete with the New York Stock Exchange and Nasdaq by focusing on companies in the...
