Clear Street Brings Institutional Muscle to XDC Network

Clear Street has joined the XDC Network as an institutional-grade Masternode Validator. The firm, headquartered in New York, will handle block validation, ledger maintenance, and network governance for the blockchain.

The partnership is significant because Clear Street serves over 700 institutional clients with customer balances approximating $16 billion. Its daily trading volumes sit around 550 million shares, representing roughly $28.4 billion in notional value per day.

XDC Network co-founder Ritesh Kakkad framed the partnership as advancing their push to deepen XDC Network's presence in the United States.