We are grateful to announce that Alpaca has raised a $150M Series D led by
@DriveCapital, valuing us at $1.15B! 🙏
This funding will be used to continue supporting our partners by strengthening Alpaca’s global investment infrastructure, expanding and enhancing our existing offerings, securing regulatory licenses in key jurisdictions, and continuing to bridge traditional and decentralized financial systems.
This milestone comes after a busy 2025, where we launched several key products and features, including 24/5 trading, fixed income, Instant Tokenization Network (ITN), Fully Paid Securities Lending (FPSL), and Omnibus Subaccounting (OmniSub) technology. We also expanded our crypto infrastructure, making it MiCA-compliant and available across 49 US states and in the EU, announced our intended acquisition of WealthKernel, and received memberships from Nasdaq Exchange, the Options Clearing Corporation (OCC), and the Fixed Income Clearing Corporation (FICC), significantly reducing our reliance on third-party players across various offerings.
This year, in 2026, our focus is on execution discipline and strengthening fundamentals. We are prioritizing infrastructure resilience, regulatory readiness, and operational rigor to ensure progress is real, repeatable, and durable. With that foundation, we’ll continue to ship more and faster as we advance our mission to open financial services to everyone on the planet.
Read what this means to our Co-Founder and CEO,
@iyoshyoshi, below.
Thank you to our investors:
@DriveCapital, Citadel Securities, Opera Tech Ventures, MUFG Innovation Partners,
@FlatCapital (with
@klarnaseb as controlling UBO and Chairman), DRW Venture Capital,
@Krakenfx, Altered Capital, X&KSK,
@Bank Muscat, Endeavor Catalyst, Portage, Horizons Ventures,
@SocialLeverage, Unbound, Diagram,
@Derayah, and Vlad Yatsenko. We’re excited to do more in 2026.
We’re excited to do even more for you in 2026.
