The company has previously cleared or held in custody roughly 94% of tokenized U.S. equities and now holds over $1.5 billion in underlying stocks.

Alpaca raised $435M in equity and debt to expand into prime brokerage as AI agent-driven API trading volume surged 4x in Q1 2026.

Alpaca Raises $135 Million to Scale Agent-First Brokerage Infrastructure for Tokenized Markets and AI-Native Financial Services