Alpaca has secured $52 million in Series C funding aimed at strengthening its global fintech presence. Led by notable investors like 850 Management, the investment will enhance Alpaca's broker-dealer infrastructure and technological advancements.
The funding will support the launch of new features, such as 24/5 trading and refined payment systems, aiming for global market expansion.
Despite the funding, no immediate effects on DeFi tokens or market metrics were observed, suggesting a stable market response while emphasizing Alpaca's influential role within the fintech sector.
Full story here: https://coincu.com/334592-alpaca-52-million-crypto-funding