Alpaca prepares to enter prime brokerage for hedge funds
- —Alpaca will add financing, margin and securities lending for institutional clients
- —Raised $135 million in July 2026 within a $435 million funding package
- —Supports millions of brokerage accounts across more than 40 countries
- —FINRA-regulated self-clearing broker-dealer with DTCC, OCC, FICC and Nasdaq memberships
Why it matters: As crypto platforms push into equities, Alpaca's prime brokerage move could accelerate that convergence.
Source: Crypto Briefing