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Alpaca secures $135M to develop tokenized agent-first financial infrastructure · Cyprus Report

Tech · World

Alpaca secures $135M to develop tokenized agent-first financial infrastructure

2 sourcesFirst reported 5 days agoUpdated 5 days ago

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Alpaca has raised $135 million to enhance its tokenized stock infrastructure.
The company has historically cleared or held in custody about 94% of tokenized U.S. equities.
Alpaca currently manages over $1.5 billion in underlying stocks.
The funding will support Alpaca's expansion into tokenized markets and AI-driven financial services.
The initiative is part of a broader movement among DeFi and TradFi companies to pursue on-chain business solutions.

Generated by AI from the 2 sources below · always verify with the originals

AI summary: catch up in 20 seconds

Summarising the coverage…

Generated by AI from the 2 sources below · always verify with the originals

All coverage (2)

Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructureCoinDesk · 5 days ago
Alpaca raises $135M to fund tokenized agent-first infrastructureCointelegraph · 5 days ago

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AI summary: catch up in 20 seconds

Alpaca has raised $135 million to enhance its tokenized stock infrastructure.
The company has historically cleared or held in custody about 94% of tokenized U.S. equities.
Alpaca currently manages over $1.5 billion in underlying stocks.
The funding will support Alpaca's expansion into tokenized markets and AI-driven financial services.
The initiative is part of a broader movement among DeFi and TradFi companies to pursue on-chain business solutions.

Generated by AI from the 2 sources below · always verify with the originals