Databricks Leads Clear Street Pre-IPO Platform
Clear Street clients obtain stake in SPV that holds interest in a fund owning Databricks stock. Databricks not a participant. Anthropic and other AI companies earlier in 2026 acted against unauthorized secondary transfers. Cohen: Clear Street acts as counterparty — “If there is a risk, we are taking it.” Up to 30 startups by year-end. Clear Street own IPO shelved for better timing; looking toward 2027 listing.