Alpaca, a San Mateo-based brokerage startup, is expanding into prime brokerage by offering trade financing, margin, and securities lending to hedge funds and institutional clients. Backed by a $435 million funding package, Alpaca aims to compete with traditional large banks by leveraging its API-first platform, low costs, and fast execution. The company already supports millions of accounts globally and partners with crypto platforms like Bybit and Kraken to bridge traditional and digital asset markets. This move could reshape how hedge funds access financing and trading infrastructure in a market historically dominated by big banks.
Alpaca's expansion into prime brokerage for hedge funds is the subject here, with Pluang's market data providing context. For readers following major cryptocurrencies, 6 out of 50 rose while 43 fell. Notable movers include ADA at Rp4.258 with a -6.42% change and a typical hold time of 127 days, GRT at Rp470 down 6.26%, and DOT at Rp21.200 down 6.19%, as of Oct 13, 2026 12:02 WIB.
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