Alpaca Stock
| Valuation | $1.15B1 |
| Valuation Date | Jan 14, 2026 |
| Implied Valuation | n/a |
| Last Price | $6.92 |
| 52-Week High | $8.19 |
| 52-Week Low | $2.49 |
| YTD Return | +10.02% |
| 1-Year Return | +175.70% |
| 3-Year Return | n/a |
| Total Funding | $492M2 |
| Latest Round Amount | $135M3, 4 |
| Latest Round | Series D |
| Funding Rounds | 10 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Alpaca
Alpaca is a brokerage infrastructure company that provides APIs for trading stocks, ETFs, options, fixed income and crypto. Fintechs, banks, broker-dealers and crypto platforms use its platform to embed investing and trading products into their own apps. Alpaca handles the brokerage accounts, execution, clearing and custody behind the scenes as a self-clearing broker-dealer with FINRA and DTCC membership. The company makes money through payment for order flow, margin lending, interest on cash and platform fees paid by its business partners. It powers more than 300 partners in over 40 countries and has become the main custody and clearing layer for tokenized US equities, holding the underlying shares behind products like Kraken's xStocks and Ondo Finance's tokenized stocks.
Invest in Alpaca
Alpaca is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.
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News
Binance Launches US Options with Alpaca to Expand Multi-Asset Super App
Binance launched US options trading powered by Alpaca's brokerage infrastructure, extending a partnership that already covers US equities and tokenized stocks for Binance's global user base.
Alpaca Partners with Kalshi to Expand Prediction Market Access Through Its Global Brokerage Infrastructure
NEW YORK--(BUSINESS WIRE)--Alpaca partners with Kalshi to expand prediction market access through its global brokerage infrastructure.
Kalshi partners with brokerage Alpaca as it tries to build its international audience
Kalshi is looking to expand its international business through a partnership with brokerage and financial infrastructure startup Alpaca. Alpaca, which reaches more than 14 million brokerage accounts g...
Tradesk Launches Multi-Asset Trading for US Investors, Powered by Alpaca
Tradesk launched US equities and options trading via Alpaca's Broker API, giving clients multi-leg options and equities from a single account.
Alpaca Registers as Futures Commission Merchant to Advance Prediction Markets
Alpaca Derivatives LLC registered as a CFTC-regulated Futures Commission Merchant and NFA member, expanding Alpaca's regulated brokerage to support prediction markets.
Gate Partners with Alpaca to Support Their Expansion Into US Stocks and ETFs, IPO Access, and Tokenized Stocks
Alpaca is powering Gate's launch of 10,000+ US stocks and ETFs, IPO allocations, and gStocks tokenized equities for Gate's 58M+ users.
Crypto.com Introduces Tokenized Stocks Powered by Alpaca
Crypto.com launched Tokenized Stocks for global users, powered by Alpaca's brokerage infrastructure for custody, settlement, and hedging of underlying US shares and ETFs.
Alpaca Rebuilds Its Node.js SDK and Launches Its First Supported Java SDK
Alpaca released a breaking TypeScript rewrite of its Node.js SDK with broader API coverage and introduced its first supported Java SDK for Trading, Market Data, and Broker APIs.
Alpaca sees 4x surge in API users as AI agents reshape trading infrastructure
Alpaca reported that monthly active API users grew nearly 4x over six months as AI trading agents increasingly use its brokerage infrastructure, with assets under custody surpassing $1.5 billion.
Alpaca Launches German Equities Trading via Deutsche Börse Xetra
Alpaca opened German equities trading through Deutsche Börse Xetra for broker API partners, marking the first phase of a broader global equities expansion across additional international exchanges.
Alpaca and Broadridge Announce Governance Solution for Tokenized Securities
Broadridge enables proxy voting, investor communications, and voting entitlement reconciliation across Alpaca's platform NEW YORK, July 20, 2026 /PRNewswire/ -- Alpaca, a global leader in agent-first ...
Alpaca raises $135 million for tokenized stock infrastructure
Alpaca raised $135 million in equity led by Peak XV to expand brokerage infrastructure for tokenized U.S. equities; combined with debt from Payward and BMO the total financing package reached $435 mil...
Lemon Launches US Stock Investing in Latin America, Powered by Alpaca
Lemon rolled out U.S. stock investing in Argentina and Peru through Alpaca's Broker API, giving more than 4 million users access to 10,000+ U.S. stocks and ETFs with fractional trading from $1.
Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure
Alpaca raised $135 million to expand the rails exchanges and tokenization platforms use to offer U.S. stocks onchain, following its $150 million Series D in January.
Alpaca Raises $135 Million to Scale Agent-First Brokerage Infrastructure for Tokenized Markets and AI-Native Financial Services
Alpaca announced a $135 million equity raise led by Peak XV, with participation from Elefund, Opera Tech Ventures and Unbound. Including debt financing from Kraken parent Payward and BMO, the total fi...
Alpaca Launches German Equities Trading via Deutsche Börse Xetra
Alpaca opened German equities trading through Deutsche Börse Xetra for broker partners via its API, marking the start of a broader global equities expansion.
Alpaca completes EEA passporting to 29 countries
Alpaca completed MiFID II passporting across 29 European Economic Area countries through its Spain-based hub, extending regulated investment services to partners across Europe.
Binance Launches US Stocks and ETFs Trading with Alpaca
Binance began offering 24/5 trading of US stocks and ETFs to its global user base, powered by Alpaca's regulated brokerage infrastructure APIs. Alpaca said the launch reflects growing convergence betw...
Alpaca Welcomes Mayuresh Kini as CEO of Alpaca India
Alpaca closed its acquisition of Zincmoney, an IFSCA-regulated broker-dealer in India's GIFT City, and appointed Mayuresh Kini as CEO of Alpaca India, marking its official entry into the Indian market...
Alpaca Expands into Europe with WealthKernel Acquisition and Launch of European Equities Trading
Alpaca completed its acquisition of European fintech WealthKernel, which now operates as Alpaca Europe with UK and EU licenses. The company also launched European equities trading starting with German...
Alpaca Raises $150 Million at a $1.15B Valuation to Build the Global Standard for Brokerage Infrastructure
Alpaca raised a $150 million Series D led by Drive Capital at a $1.15 billion valuation, with participation from Citadel Securities, Kraken, MUFG Innovation Partners and BNP Paribas' Opera Tech Ventur...
Alpaca Enters India's GIFT City Broker-Dealer Market through Zincmoney IFSC Acquisition
Alpaca announced its intention to acquire Zincmoney IFSC, a broker-dealer regulated by the IFSCA and operating from India's GIFT City, to establish a regulated entry point into the Indian market.
xStocks Momentum Accelerates as Alpaca Deepens Partnership with Kraken
Kraken expanded its strategic partnership with Alpaca, making Alpaca the preferred venue for sourcing and custodying the equities backing its xStocks tokenized equities and integrating xStocks into Al...
Alpaca Holds 94% Market Share of Tokenized US Stocks and ETFs, Setting Global Standard for On-Chain Markets
Alpaca announced it holds above 94% market share in tokenized US equities and ETFs, representing over $480 million in tokenized assets under custody, following integrations with Ondo Finance, Backed F...
US Stock Market Ready for Instant Tokenization with Alpaca's Newly Launched Network
Alpaca launched its Instant Tokenization Network at TOKEN2049 Singapore, enabling institutions to perform instant in-kind minting and redemption of brokerage-held stocks into tokenized counterparts, w...
Alpaca raises $52M Series C to take its API brokerage platform to new markets
Alpaca raised a $52 million Series C with backers including Derayah Financial, 850 Management, National Investments Company Kuwait, Unbound and Portage Ventures, bringing total funding to $170 million...
Alpaca and Japan's SBI Holdings Announce Partnership and USD15 Million Strategic Investment to Accelerate Alpaca's Asian Business
SAN MATEO, Calif.--(BUSINESS WIRE)-- #API--Alpaca and Japan's SBI Holdings Announce Partnership and USD15 Million Strategic Investment to Accelerate Alpaca's Asian Business.