Woofun AI reports that Alpaca, an API brokerage service for stocks, options, and cryptocurrencies, has completed a $135 million financing round. The investment was led by Peak XV, with participation from Elefund, Opera Tech Ventures, and Unbound.

The capital will support the expansion of agent-first brokerage infrastructure for tokenization markets and AI-native financial services. Alpaca’s cumulative funding now reaches $435 million, incorporating debt financing from Payward and BMO.