Alpaca official blog (Jul 16, 2026).
Financing:
- $135M equity led by Peak XV; major participation Elefund; Opera Tech Ventures (BNP Paribas), Unbound
- Total package $435M inclusive of debt primarily from Payward (Kraken parent) and BMO
- Follows Jan 2026 1.15B valuation; new valuation undisclosed
Use of proceeds: agent-first brokerage + API-first prime brokerage across traditional and onchain markets.
Growth claims since Series D:
- IFSCA broker-dealer/PSP in GIFT City (India)
- UK/EU entities; passporting all 30 EEA countries
- European equities trading; crypto exchanges and tokenization platforms onboarded
- Revenue doubled YoY for three consecutive years
-
$1.5B AUC underlying stocks backing tokenized equities
- Monthly active API users ~4x in last six months (agentic AI expansion)
CEO Yoshi Yokokawa; Peak XV Principal Aakash Kapoor quotes included.
Instant Tokenization Network owned by AlpacaDB/Alpaca Crypto — neither is issuer of tokenized assets.