What is Alpaca?

Alpaca is an application programming interface-first brokerage infrastructure platform that provides developers and institutions with seamless access to traditional financial markets and digital assets. Operating as a regulated and self-clearing broker-dealer, the company offers a comprehensive suite of tools that enable the creation of algorithmic trading bots, investing applications, and advanced wealth management solutions. By delivering direct market access through simple code, the platform removes the complex regulatory and operational barriers typically associated with launching financial products.

Following a major funding round in July 2026, the ecosystem significantly expanded its focus on tokenized markets and agentic artificial intelligence capabilities. The infrastructure serves as the foundational bridge for real-world asset tokenization, safely holding the underlying assets for billions of dollars in tokenized equities. Additionally, the network provides specialized execution environments where autonomous artificial intelligence agents can programmatically manage portfolios, execute trades, and interact with on-chain protocols across global jurisdictions.