Alpaca Raises $135 Million Series Funding Led by Peak XV

According to Odaily, AI and tokenized finance infrastructure platform Alpaca raised $135 million in a recent funding round led by Peak XV, with participation from Elefund, Opera Tech Ventures (BNP Paribas' venture arm), and Unbound. The round brings Alpaca's total funding to $435 million. The new capital will be used to accelerate development of its AI-native brokerage infrastructure and API-first prime brokerage services, enabling fintech firms, banks, brokers, and crypto platforms to build investment products across traditional and on-chain markets.
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