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.

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

Ripple is now generating prime brokerage fees following its $1.25 billion acquisition of Hidden Road, marking its entry into the leveraged equity financing market.

Ripple has secured a deal to provide prime brokerage services to investment manager Brevan Howard, marking a significant expansion into Wall Street financial services.

BitGo CEO Mike Belshe says digital assets are entering the mainstream regardless of US regulation, as the company scales its Asia-Pacific operations.

BitGo is pivoting its business toward prime brokerage services, with CEO Mike Belshe aiming for the segment to account for all company revenue.
