Tokenization infrastructure firm Alpaca raises $150 million

JH Kim

Summary

Tokenized brokerage infrastructure firm Alpaca said it raised $150 million in a Series D round.
The funding values Alpaca at $1.15 billion, it said.
The round included investors such as Drive Capital, Citadel Securities and Kraken, it added.

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According to The Block, a media outlet specializing in virtual assets (cryptocurrencies), tokenized brokerage infrastructure firm Alpaca said on the 14th (local time) that it raised $150 million in a Series D funding round.

The company was valued at $1.15 billion.

The round was led by Drive Capital, with participation from Citadel Securities, Opera Tech Ventures, DRW, Bank Muscat and Kraken, among others. Specific uses of the proceeds were not disclosed.

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

Tokenization infrastructure firm Alpaca raises $150 million

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