DeFi Intel

Tokenized stocks’ main custodian Alpaca raises $135m equity, takes on $300m debt

US broker Alpaca announced a $135 million venture funding led by Peak XV, with participation by Elefund, Opera Tech Ventures, the venture capital arm of BNP Paribas Group, and Unbound. Alpaca isn’t your conventional broker but more of an API broker, enabling fintechs to piggy back off its infrastructure for trading. It has AI driven…

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