Alpaca has successfully raised $135 million in a financing round led by Peak XV, with participation from Elefund and other investors including Opera Tech Ventures and Unbound under BNP Paribas Group. The funds will be directed towards advancing Alpaca's agent-oriented brokerage infrastructure and API-centric prime brokerage business. This development aims to bolster the company's investment products across both traditional and on-chain markets, enhancing its position in tokenized markets and AI-native financial services.