Alpaca Adds New Crypto Coins to Offering

Alpaca has expanded its cryptocurrency offerings by adding 11 new digital assets, accessible through its Broker and Trading APIs, which now include Cardano, Arbitrum, BONK, and others. These assets can be traded 24/7 using various order types, and the integration allows for seamless trading across different asset classes with the same API endpoints. The expansion aims to provide competitive pricing and increased asset variety, with a cross-functional review process to manage asset risk. Managed by Alpaca Crypto LLC, a subsidiary of AlpacaDB, Inc., the service emphasizes the high risk and speculative nature of cryptocurrency trading, highlighting that investments are not protected by SIPC or FDIC. The company also offers securities brokerage services through Alpaca Securities LLC and provides various disclosures about the risks involved in trading and investing, including those related to tokenization and securities lending.