Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure

60-second summary

Alpaca, a crypto brokerage firm, raises $135 million to develop tokenized stock infrastructure. The company has previously cleared or held in custody roughly 94% of tokenized U.S. equities and now holds over $1.5 billion in underlying stocks, solidifying its position as a leading player in the tokenized assets market, driving growth in the digital securities space.