AI and tokenized financial infrastructure Alpaca completes $135 million funding round led by Peak XV

Odaily reports that Alpaca, an AI and tokenized financial infrastructure provider, has announced the completion of a $135 million new funding round led by Peak XV, with participation from Elefund, Opera Tech Ventures (the venture arm of BNP Paribas), and Unbound. This brings the company's total funding to $435 million. The new capital will be used to accelerate the development of its AI-native brokerage infrastructure and API-first prime brokerage business, helping fintech companies, banks, brokerages, wealth management institutions, and crypto financial platforms build investment products in both traditional and on-chain markets, as well as connect with more global crypto exchanges, asset tokenization platforms, and financial institutions. (Businesswire)