Alpaca Secures $135 Million to Build Tokenized Stock Tech

Alpaca just closed a funding round worth $135 million to expand its work with tokenized U.S. stocks. The company wants to make it easier for platforms to offer digital versions of shares to their users.

This move matters because Alpaca already manages a huge portion of the tokenized equity market. They currently hold or clear about 94 percent of all U.S. tokenized equities, with over $1.5 billion in underlying assets sitting in their custody.

Investors are clearly watching how traditional finance blends with blockchain technology. As more platforms look for ways to offer fractionalized or digital assets, Alpaca is positioning itself as a central player in the plumbing of this growing sector.