---
title: "Capital markets platform Clear Street Group sets terms for $1.0 billion US IPO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274823613.md"
description: "Clear Street Group, a cloud-native capital markets platform, has set terms for its $1.0 billion IPO, planning to offer 23.8 million shares priced between $40 and $44. At the midpoint, the company would have a market cap of $11.3 billion. Founded in 2018, Clear Street provides trading, risk management, and financing services, and will list on Nasdaq under the symbol CLRS. The IPO is expected to price the week of February 9, 2026, with Goldman Sachs and others as joint bookrunners."
datetime: "2026-02-04T13:43:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274823613.md)
  - [en](https://longbridge.com/en/news/274823613.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274823613.md)
---

# Capital markets platform Clear Street Group sets terms for $1.0 billion US IPO

Clear Street Group, a cloud-native provider of brokerage, clearing, and other capital markets services, announced terms for its IPO on Wednesday.

The New York, NY-based company plans to raise $1.0 billion by offering 23.8 million shares at a price range of $40 to $44. At the midpoint of the proposed range, Clear Street Group would command a market cap of $11.3 billion.

The company offers a single, cloud-native, end-to-end capital markets platform powered by a single real-time ledger. Clear Street states that its platform offers trading, risk management, and financing services. The company connects its infrastructure to banks, clearing houses, depositories, brokers, and exchanges. Clear Street generates revenue primarily through net financing revenue generated from customer margin debit, credit, and short balances, as well as through commissions, clearing fees, service fees, investment banking income, and client pass-through fees.

Clear Street Group was founded in 2018 and plans to list on the Nasdaq under the symbol CLRS. It had been on our Private Company Watchlist since December 2025. Goldman Sachs, BofA Securities, Morgan Stanley, UBS Investment Bank, Clear Street, BMO Capital Markets, Barclays, RBC Capital Markets, TD Securities, Piper Sandler, CIBC World Markets, Regions Securities, BTIG, M&T Securities, Cohen & Company Securities, Hovde Group, Roberts & Ryan, Rosenblatt Securities, and Wedbush Securities are the joint bookrunners on the deal. It is expected to price the week of February 9th, 2026.

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