Provable Markets LLC

Founded in 2020 by co-founder Matthew Cohen and based in New York, US, Provable Markets LLC offers a cloud-based trading platform called Aurora that facilitates efficient and secure transactions in cash and synthetic equity financing. In May 2024, Provable Markets LLC raised USD 8 million in Series A funding led by investor Dialectic Capital Management, with participation from other investors Inkef and Anthemis Group. Provable Markets offers Aurora, a cloud-native alternative trading system (ATS) platform that allows market participants to access the depository trust clearing corporation's (DTCC) SFT clearing service for securities lending. Securities lending involves loaning securities (stocks, bonds, etc.

) between market participants. Provable markets offer features like automated workflows, risk reduction, and easy integration with existing systems. The company will use the May 2024 funding to expand its business offerings and broaden its market reach.