Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure
Crypto brokerage firm Alpaca has raised $135 million in equity funding to support its tokenized stock infrastructure. The company facilitates the trading of tokenized U.S. equities, bridging traditional financial markets with blockchain-based settlement systems.
Why it matters
This funding reflects the growing institutional interest in tokenizing real-world assets and the ongoing need for regulated intermediaries in the crypto-equities space.
Peak XV led Alpaca’s equity round, with participation from Elefund, BNP Paribas’ Opera Tech Ventures and Unbound, according to an announcement on Thursday. The raise follows a $150 million Series D in January that valued the company at $1.15 billion.
The report is a factual summary of a financial transaction and market trends within the crypto sector.
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