Woofun AI reports that Alpaca has secured $135 million in equity financing led by Peak XV, signaling a strategic pivot toward building agent-first brokerage infrastructure. This capital injection is designed to accelerate the development of API-first prime brokerage systems capable of supporting autonomous financial agents.

The funding structure includes an additional $300 million in debt financing provided by Payward and BMO. This follows a January Series D round that raised $150 million, valuing the fintech at $1.15 billion. Earlier investors in the company include the venture capital arm of BNP Paribas.

Woofun AI data shows the global market capitalization of tokenized stocks reached a record $2.3 billion, according to Token Terminal's Wednesday X post. CEO Yoshi Yokokawa noted that demand is rising for regulated infrastructure as AI accelerates the creation of new financial applications. Last month, Binance disclosed a revenue-sharing arrangement with Alpaca, which provides brokerage, clearing, and custody infrastructure for Binance’s stock trading product.

This expansion facilitates access to traditional investment products via blockchain rails for investors outside the United States. The move underscores a broader industry trend of integrating crypto platforms with established financial services. This marks a significant step in bridging traditional markets with decentralized technology.