Alpaca Achieves Unicorn Status with a Valuation of $1.15 Billion, Founded by Japanese Entrepreneurs

AlpacaDB Inc., a securities infrastructure company co-founded by Japanese entrepreneurs Tsuyoshi Yokokawa and Hitoshi Harada in the United States, announced on the 15th that it has raised $150 million (over 23 billion yen) in Series D funding. The company's valuation has reached $1.15 billion (over 180 billion yen), marking its entry into the unicorn category. Alpaca is a B2B company that provides trading systems to brokerage firms and fintech companies in an API format. Financial institutions can leverage Alpaca's infrastructure to offer trading in stocks, ETFs, options, bonds, and cryptocurrency assets without the need to develop complex trading systems in-house.