# Matthew Cohen

> Matthew Cohen is the co-founder and chief executive of Provable Markets, a New York fintech running Aurora, an SEC-registered Alternative Trading System for securities lending. After 15 years trading equity finance at Bank of America Merrill Lynch, Jefferies, and Nomura, Cohen partnered with cryptographer Thomer Gil in 2020 to apply secure multi-party computation to a market that had run for decades on phone calls, spreadsheets, and information leakage. In 2022 Provable ran the first securities lending transaction cleared through DTCC's SFT service. In May 2024 the company raised an $8M Series A led by Dialectic Capital Management.

- **Role:** Co-Founder and CEO at Provable Markets
- **Organizations:** Provable Markets, Provable Labs (former CCO), Nomura (former), Jefferies (former), Bank of America Merrill Lynch (former), Arxis Capital Group (former), Integral Derivatives (former)
- **Nationality:** American
- **Education:** B.B.A., Finance and International Business, Villanova University, Secondary, Delbarton School
- **Known for:** Co-founded Provable Markets and built Aurora into an SEC-registered ATS, Executed the first securities lending trade cleared through DTCC's SFT Clearing Service (Oct 2022), Raised $8M Series A led by Dialectic Capital Management with participation from Inkef and Anthemis

## Career timeline

- **2005** — Started as a trader at Bank of America Merrill Lynch
- **2017** — Managing Director at Jefferies
- **2018** — Managing Director at Nomura
- **2020** — Introduced to Thomer Gil (Provable Labs) via Anthemis; co-founds Provable Markets
- **2021** — Provable Markets registers as broker-dealer; Halima Butt joins as COO
- **2022** — Aurora completes first-ever securities lending trade through DTCC's SFT Clearing Service
- **2024** — Raises $8M Series A led by Dialectic Capital Management (May); Fichthorn joins board

## Achievements

- Co-founded Provable Markets and built Aurora into an SEC-registered ATS
- Executed the first securities lending trade cleared through DTCC's SFT Clearing Service (Oct 2022)
- Raised $8M Series A led by Dialectic Capital Management with participation from Inkef and Anthemis
- Holds FINRA Series 7, 24, 3, 4, 57, and 63 licenses
- Recruited senior executives from Euronext, Liquidnet, and IEX

## Latest updates

- **2024-05** — Provable Markets raises $8M Series A led by Dialectic Capital Management; John Fichthorn joins the board.
- **2024-05** — Speaks at Finadium FISL 2024 on choosing between OCC and DTCC as securities lending CCPs.
- **2026-02** — Interviewed with Provable leadership team by Securities Finance Times on the year ahead in securities finance.

## Links

- Website: https://provablemarkets.com
- LinkedIn: https://www.linkedin.com/in/matthew-cohen-1722774b/

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Profile page: https://yespress.io/matthew-cohen
Published by YesPress — https://yespress.io
Last updated: 2026-07-09