Alpaca completes a $135 million funding round, advancing the tokenized markets and the development of infrastructure for AI-native financial services

Deep Tide TechFlow news, July 16, according to BusinessWire, Alpaca announced the completion of a $135 million funding round. This round was led by Peak XV, with Elefund participating. New and existing shareholders also include Opera Tech Ventures and Unbound, both under the Bank of Paris Group. The company said the new funds will be used to accelerate its broker infrastructure for agents and build its core brokerage business centered on application programming interfaces, to support the development and expansion of investment product offerings between traditional markets and on-chain markets.

Alpaca said that, as asset tokenization is reshaping global market access, and as artificial intelligence is accelerating the formation of new financial applications and market participants, demand for compliant financial infrastructure is rising. The company disclosed that it has completed the acquisition of a licensed institution in India’s GIFT City, established a business footprint across 30 countries in the European Economic Area, and gained access to European stock trading. It has also been providing services to major crypto trading platforms, tokenization platforms, and financial institutions. Meanwhile, the tokenized stock underlying assets within its custody assets have grown to more than $1.5 billion, and the number of monthly active API users over the past six months has increased by nearly 4 times.