VENDOR · US
Clear Street launches pre-IPO private markets platform; opens with Databricks stakes ($188B valuation)
Fintech brokerage Clear Street is launching a private markets trading platform, initially offering pre-IPO stakes in AI-focused Databricks (privately valued at $188B) to retail and institutional investors.
WHY IT MATTERS
Retail access to late-stage startup equity broadens fintech competition with traditional wealth advisors. Platforms that integrate AI deal sourcing and valuation models will capture advisor mind share.
Source: CNBC · 2026-07-31