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Alpaca Closes $52 Million Series C Round to Fuel Expansion Worldwide ⋅ Crypto World Echo

Key Takeaways:

  • Alpaca raised $ 52 million in funding series C to further global expansion.
  • The company said it was about to expand its 24/5 trading and fully paid security lending.
  • Alpaca is now serving more than 5 million broker accounts in 40+ countries.

Alpaca: Series C funding $ 52mm as platform hits Major Milestone

Alpaca, a US-based self-clearing broker-dealer and brokerage infrastructure company, raised $ 52 million in a series C round. The company The announcement was made From its new office in New York City. The cycle also found participation from new and existing investors, such as Derayah Financial, 850 management, National Investments Company (NIC), without basis and portage ventures.

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Alpaca sets to bring brokerage-as-a-service to the world

Since then, the Alpaca has continued the mission to create a global standard for infrastructure investment. Supporting more than 5 million broker accounts and operations in more than 40 countries today, the firm is used by business institutions and smaller FinTech companies.

Alpaca-Closes-52-million-series-c-round-to-fuel-expansion-world

Alpaca sets to bring brokerage-as-a-service to the world

Since then, the Alpaca has continued the mission to create a global standard for infrastructure investment. Supporting more than 5 million broker accounts and operations in more than 40 countries today, the firm is used by business institutions and smaller FinTech companies.

With Series C, the Alpaca expects to expand to major markets including the US, the Middle East and Asia. Powerful Business Grade API, along with self-preservation services, have established it as a preferred partner for companies seeking to deliver a full-time investment experience.

According to Yoshi Yokokawa, Alpaca co-founder and CEO, investment is a testament to the team's dedication and commitment and the integrity of the company's partnerships. He emphasized that Alpaca will continue to help partners and customers around the world discover and access the best financial and infrastructure tools.

Alpaca adds 24/5 trading and security lending to product offer

Alpaca will place the new capital towards accelerating the release of its major products, including 24/5 trading and fully paid security lending. These services are aimed at increasing international demand for 24-hour access to the market.

Outside of the United States investors owned $ 16.5 trillion, or 18 percent, of all United States stocks in the fourth quarter of 2024, according to data from the US Federal Reserve. These numbers suggest that the world is hungry for flexibility, always-in investment options, and that's what Alpaca provides to provide.

Multi-market 24/5 trading with longer trading hours. Investors can trade about 24 hours a day, five days a week, in most US markets, which is expected to be a significant difference -because global activity in US markets reaches beyond the usual trading day.

Alpaca growth by 2024: new products, largest platform enhancement

In 2024, Alpaca experienced a breakthrough in the introduction of a number of essential products, such as:

  • US Options
  • High Cash Account yield
  • IRAS (individual retirement accounts)
  • Trading of Institutional Class for Accessing API Appacy

Aside from the new features, this year has seen some major upgrades to the Alpaca platform, such as: local Currency Trading API, Fractional Share Trading and Enhanced Entity Account Onboarding. These enhancements have grown alpaca capabilities, and today, more partners around the world can offer advanced investment solutions.

More news: Mantle and Securitize Launch the $ 400m tokenized crypto index fund

The position of alpaca cements in the top-tier market with the leading investors

Alpaca's spinning not only sparked the interests of new supporters but that it also emphasized the support of previous backers including portage ventures and unfounded. Alpaca has raised more than $ 170 million to the present, with a global group of investors including spark capital, tribe capital, social leverage, horizons ventures, SBI group, derayah financial, elefund and Y combinator.

Strong support from leading investors reflects that investors firmly believe in the Alpaca vision of a global, always-in financial market, said co-founder and CEO of Alpaca, Yoshi Yokokawa. In a tight Fintech market, the alpaca capacity to combine self-infrastructure with api-first tech makes it a standout.

More news: Sol Strategies launches a $ 500m tokenized note to increase Solana's staking yields

The post Alpaca closes $ 52 million series C Round to expand fuel worldwide appear first on Cryptoninjas.

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