Alpaca | Crypto

Alpaca says it custodies more than $1.5 billion of shares backing tokenized equities, which, by public tracker measurements, would represent most of the market. With DTCC preparing to launch its own tokenization service in October and the SEC warning that third-party stock tokens can expose investors to additional ownership and intermediary risks, the numbers reveal […] The post Crypto promised to eliminate stockbrokers, but 94% of its tokenized market now relies on an Alpaca appeared first on CryptoSlate.

The BNP-backed brokerage infrastructure provider is expanding into tokenized markets and AI-native financial services as both DeFi and TradFi companies pursue onchain business. Brokerage infrastructure provider Alpaca said Thursday that it raised $135 million in a funding round led by Peak XV, along with as much as $300 million in debt financing from Kraken parent Payward and BMO. A January Series D round pulled in $150 million that brought the fintech’s value to $1.15 billion, according to the statement. Earlier investors include the venture capital arm of BNP Paribas. Alpaca said it will use the new financing to accelerate its agent-first brokerage and API-first prime brokerage infrastructure. Read more

A Binance legal document disclosed a revenue-sharing agreement with Alpaca, which includes sharing 50% of the stock custodian’s order flow revenue with the cryptocurrency exchange. Binance disclosed a revenue-sharing arrangement with custodian and brokerage infrastructure API provider Alpaca, which has become a major infrastructure provider in the custody of tokenized US stocks and exchange-traded funds (ETFs). Under Binance Securities Trading Terms published Tuesday, Binance will receive 50% of Alpaca’s payment-for-order-flow fees and 65% of remaining profit from user stock lending after users are paid interest, Binance will receive 50% of Alpaca’s payment-for-order-flow, or PFOF, fees and 65% of profit from user stock lending after the platform pays user interest. Alpaca provides brokerage, clearing and custody infrastructure for Binance’s stock trading product and is also a major infrastructure provider in tokenized US stocks and ETFs. The company raised $150 million at an $1.15 billion valuation for its b...

[PRESS RELEASE – Cayman Islands, British Overseas Territories, June 3rd, 2026] Gate has announced a strategic partnership with Alpaca to expand access to real stock trading for eligible users. The collaboration marks another milestone in Gate’s ongoing effort to bridge digital assets and traditional financial markets through a unified multi-asset trading experience. Through this upcoming […]

The Instant Tokenization Network allows institutions to mint and redeem tokenized US stocks with in-kind settlement and 24/7 access. US broker-dealer Alpaca has launched an Instant Tokenization Network (ITN) that allows institutions to mint and redeem tokenized US stocks directly, a move that could help boost onchain liquidity in a segment of the tokenization market still constrained by structural barriers. The ITN enables institutions to tokenize portfolios with a single API call and redeem tokens in-kind for the underlying shares without settlement delays, Alpaca disclosed Wednesday. The service operates beyond traditional market hours, offering 24/7 access.  By allowing in-kind redemptions — directly exchanging tokens for their underlying assets rather than settling in cash first — the network aims to make tokenized stocks more liquid and efficient. Read more