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Alpaca raises $52M Series C to take its API brokerage platform to new markets

TechCrunch LogoTechCrunch15h ago

Alpaca raises $52M Series C to take its API brokerage platform to new markets - TechCrunch

Quick Summary:

Alpaca said on Wednesday it has raised a $52M Series C round to expand into more foreign markets, including the Middle East, Europe and Asia.

It also has become a fully self-clearing broker-dealer with DTCC membership, the CEO said, allowing it to handle all trade clearing and settlement processes in-house, including risk management and compliance.

Alpaca recently also teamed up with Kraken to let the crypto exchange’s users trade U.S.stocks and ETFs in some states.

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Article Details

Author / Journalist: Kate Park

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 12:30:00 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 677 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 28171014

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