Odaily News Alpaca, a stock and cryptocurrency trading API service company, received US$15 million in financing from SBI Group in the form of convertible notes. Alpaca CEO Yoshi Yokokawa said the strategic investment brings the companys total financing since its inception in 2015 to $120 million and will accelerate its expansion in Asia. It is reported that Alpaca launched an encryption API in October 2021, and its current encryption business still does not generate significant revenue. However, Yoshi Yokokawa said that as the encryption market recovers, the encryption API business is expected to grow. Alpaca’s crypto API enables businesses and developers to trade cryptocurrencies and stocks and build applications that provide cryptocurrency and stock investment services in a single API. (TechCrunch)