Alpaca Plans to Launch Prime Brokerage Services in 2027, Supporting Tokenized Stocks and Assets

Alpaca has announced plans to launch its prime brokerage services in the first quarter of 2027, aiming to provide financing, asset custody, and securities lending services for large investment institutions such as hedge funds, addressing the institutional financing needs arising from the integration of cryptocurrency and traditional securities markets. Currently, the company holds over $3.5 billion in U.S. underlying stock assets and supports tokenized products for more than ten issuers, including Binance, Coinbase, and Crypto.com, with the scale of assets under custody growing approximately eightfold compared to a year ago.

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