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Alpaca, an AI and tokenized financial infrastructure company, raises $135 million in funding led by Peak XV
Svmuu News: Alpaca, an AI and tokenized financial infrastructure provider, announced the completion of a new $135 million funding round led by Peak XV, with participation from Elefund, Opera Tech Ventures (the venture capital arm of BNP Paribas), and Unbound, among others. To date, its total funding has reached $435 million. The new funds will be used to accelerate the development of its AI-native brokerage infrastructure and API-first prime brokerage business, helping fintech companies, banks, broker-dealers, wealth management firms, and crypto finance platforms build investment products in both traditional and on-chain markets, and connect with more global crypto exchanges, asset tokenization platforms, and financial institutions. (Businesswire)
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