#BrokerageInfrastructure

Alpaca raises $135M to fund tokenized agent

Brokerage infrastructure provider Alpaca has secured $135 million in a new funding round led by Peak XV, supplemented by up to $300 million in debt financing from Payward and BMO. This capital injection follows a $150 million Series D round in January that valued the fintech firm at $1.15 billion. The company intends to utilize these funds to scale its agent-first and API-first prime brokerage infrastructure, specifically targeting the growing demand for regulated onchain financial services. As tokenized stock market capitalization reaches a record $2.3 billion, Alpaca is positioning itself to support both DeFi and TradFi entities entering the space. The firm already provides critical clearing and custody infrastructure for Binance’s stock trading product, highlighting its role in bridging traditional assets with blockchain rails. This expansion reflects a broader industry trend where established brokerage providers are adapting their technology to accommodate the shift toward tokenized global markets. By integrating AI-native financial services with tokenization, Alpaca aims to capture the increasing volume of institutional and retail participants moving toward onchain investment products.

Cointelegraph — RWA Tokenization·2h ago