Alpaca has enhanced its platform with 24/7 sub-250ms latency transaction processing, introducing Excess SIPC Coverage to safeguard customer securities and cash, launching Funding Wallets for Broker API to streamline fund deposits, and preparing to launch Options for Trading API. The company collaborated with various partners, including Woodstock, Spaceship, Investlink, and Drahim App Investments, to expand its global reach and offer innovative solutions in the financial technology sector. Alpaca was recognized as one of the top companies by Y Combinator and won the "Best API Solution" award at the 2023 Benzinga Fintech Awards, solidifying its commitment to innovation and global accessibility. The company also secured a $15 million strategic investment from SBI Holdings to accelerate its Asian business expansion.