Money
Alpaca Expands Into Prime Brokerage Services
Brokerage infrastructure startup Alpaca is expanding into prime brokerage services for hedge funds, backed by a $435 million funding package.
October 13, 2026, 08:04 AM·Crypto Briefing

Brokerage infrastructure startup Alpaca is expanding into prime brokerage services for hedge funds, backed by a $435 million funding package.

Ondo Finance introduced an in-kind conversion system allowing institutions to mint and redeem tokenized stocks and ETFs using underlying securities instead of cash.
