DTCC backs iCapital in strategic bet on private markets plumbing

What's the deal? The Depository Trust & Clearing CorporationDealroom has a profile for this one. Try Dealroom → (DTCC) has made a strategic late-stage investment in iCapital, the fintech platform for alternative investments. The two firms announced the deal in September 2026, alongside a plan to collaborate on private markets infrastructure.

What's the endgame? The investment will support integration of DTCC's alternative investment infrastructure with iCapital's platform. The aim is to streamline how alternative assets are processed and distributed.

Why now? iCapital ranks among the more prominent names in the private markets technology space, giving DTCC a well-established partner as demand for alternative investments grows.

The signal: The tie-up points to consolidation of the pipes behind private markets, as established post-trade infrastructure providers move closer to platforms that broaden retail and advisor access to alternatives.

Read more: globalcustodian.com

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