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Alpaca clears 94% of tokenized US equities, managing $1.5B in stocks with new Broadridge partnership.

Protocol Fundamentals
23 Sep 2026
Crypto Briefing
View Source
Bullish
Alpaca clears 94% of tokenized US equities, managing $1.5B in stocks with new Broadridge partnership.

Alpaca, a FINRA-regulated broker-dealer, now clears or custodizes about 94% of tokenized US equities, managing over $1.5 billion in underlying stocks through its Instant Tokenization Network (ITN). ITN allows institutions to mint tokens directly from shares held in Alpaca accounts without selling or converting to cash, avoiding settlement delays and taxable events. Recently, Alpaca partnered with Ondo Finance to enable instant minting and redemption of tokenized stocks on Ethereum and BNB Chain, and with Broadridge to integrate governance and proxy voting for token holders. This infrastructure growth positions Alpaca as a key player in bridging traditional equities and blockchain technology.

Alpaca's Instant Tokenization Network now clears about 94% of tokenized US equities. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 23, 2026 20:03 WIB: out of 50 major cryptocurrencies, 29 rose and 20 fell. Notable movers include BAT with a 10.31% gain and SNX with a 10.06% gain, while XNO dropped 10.83%.

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