Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced its $52 million Series C funding round from its new office in Manhattan, New York. This significant milestone further accelerates Alpaca's global expansion and development of its industry-leading product offerings.

This round saw participation from new and returning investors, including Derayah Financial, 850 Management, National Investments Company (NIC), Unbound, and Portage Ventures. The participation of returning investors underscores their continued confidence in Alpaca's vision and execution.