Alpaca, a leading provider of brokerage infrastructure via API, has captured over 94% of the U.S. stock and ETF tokenization market, managing more than $480 million in tokenized assets. This significant market share underscores Alpaca's role as a crucial link between traditional finance and blockchain technology. The company's success is bolstered by strategic partnerships with firms such as Ondo Finance and xStocks. Notably, xStocks, an early partner of Alpaca, has reported daily trading volumes surpassing $10 billion across its centralized and decentralized platforms, highlighting the growing adoption and integration of tokenized assets in financial markets.