Alpaca launches over 20 coins to help launch new crypto brokers
Alpaca is a developer-first Broker API, which helps brokerages and exchanges build and launch their crypto trading app, unified crypto, and stock trading platform, or embedded crypto services, from start to finish.
Alpaca has launched over tradeable coins on its Alpaca Crypto API, a trading platform designed for brokers who want to facilitate access to crypto and stocks.
The fintech has added Solana, Sushi, Dai, Shiba Inu, Dogecoin, Maker, Matic, and over a dozen other new coins to its existing coins list, available across 49 US states, excluding New York and select international jurisdictions.
The new offering was made possible through an integration with FTX US. Alpaca Crypto API is available for retail traders, investing apps, and embedded services built on top of the Alpaca APIs.
Big step in Alpaca’s API platform roadmap
Hitoshi Harada, Co-founder & CPO, Alpaca, said: “It is phenomenal for Alpaca Crypto to integrate with FTX, which is a leading exchange in today’s crypto world. As Web3 and crypto are becoming an important financial infrastructure, Alpaca is committed to making a big impact in the industry and to opening financial services to everyone on the planet. Today’s announcement is one of the big steps we’re taking in Alpaca’s API platform roadmap.”
Nishad Singh, Head of Engineering at FTX, commented: “FTX’s white-label crypto-as-a-service platform exists to help more companies bring crypto infrastructure to their products and services. We’re excited to power Alpaca’s new crypto offering as they bring this new world of financial services to their customers.”
Alpaca is a developer-first Broker API, which helps brokerages and exchanges build and launch their crypto trading app, unified crypto, and stock trading platform, or embedded crypto services, from start to finish.
Alpaca caters to more than 100 broker clients worldwide and has established fintech partnerships across Europe, Asia, Africa, North America, and Latin America.
The fintech firm offers commission-free crypto and stock trading, real-time market data, brokerage operations, and compliance services through modern APIs.
A recent $70m funding round is fueling further expansion. Alpaca is backed by some of the top investors in the industry globally including Portage Ventures, Spark Capital, Social Leverage, Tribe Capital, Horizons Ventures, Eldridge, Positive Sum, Elefund, and Y Combinator.
Earlier this month, Alpaca partnered with Benzinga, a financial media outlet and data provider, in order to offer embedded, real-time news and data to their customers.
The API-first stock and crypto platform will leverage Benzinga’s Stock News API, Logo API, and news data to offer accessible market-moving data to their developer community and their fintech app clientele.
