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Woofun AI reports that Alpaca, an AI and tokenized financial infrastructure provider, has closed a $135 million funding round led by Peak XV. Investors include Elefund, Opera Tech Ventures, and Unbound, bringing the company's total raised capital to $435 million.
The proceeds will accelerate development of AI-native brokerage infrastructure and API-first prime brokerage services. This expansion aims to assist fintech firms, banks, and crypto platforms in building investment products across traditional and on-chain markets while accessing global exchanges and tokenization platforms.