Alpaca Secures $135M to Expand Tokenized Infrastructure and AI-Native Financial Services

Alpaca, a brokerage infrastructure provider supported by BNP Paribas, has announced a $135 million funding round aimed at expanding its capabilities in tokenized markets and AI-native financial services. The company is focusing on building infrastructure that facilitates onchain business operations for both decentralized finance (DeFi) and traditional finance (TradFi) companies.

This investment comes as the demand for onchain financial services continues to grow, with firms seeking to leverage blockchain technology for efficiency and transparency. Alpaca's expansion into tokenized markets indicates a strategic move to support digital asset trading, custody, and related services.

The funding will enable Alpaca to enhance its infrastructure, making it more accessible and scalable for various financial institutions looking to integrate blockchain solutions. The company's focus on agent-first infrastructure suggests an emphasis on automation and smart contract integration, which are key components of modern DeFi and TradFi onchain operations.

This development reflects broader industry trends where traditional financial institutions and DeFi projects are increasingly collaborating and adopting blockchain-based solutions to innovate and compete in the digital economy. Alpaca's growth could facilitate more seamless onchain financial services, potentially increasing institutional participation in crypto markets.