Alpaca Holds 94% Market Share of Tokenized US Stocks and ETFs, Setting Global Standard for On-Chain Markets
Blog post from Alpaca
Alpaca, a prominent provider of brokerage infrastructure APIs, has secured a dominant position in the market for tokenized US equities and ETFs, holding over 94% market share and managing more than $480 million in tokenized assets under custody. The company is also a leader in tokenized large and mega-cap US stocks, accounting for 97% of the market, with $217 million in assets. Alpaca's strategic partnerships with entities like Ondo Finance and Dinari are driving broader institutional and retail access to tokenized US equities globally. The shift towards tokenization, which is gaining momentum, is seen as a transformative force in the financial industry, with key figures like BlackRock's CEO Larry Fink and Robinhood's CEO Vlad Tenev highlighting its potential to revolutionize asset management by creating a 24/7 programmable financial ecosystem. Despite enthusiasm, the tokenization infrastructure, especially for US equities, remains underdeveloped due to slow settlement systems and regulatory challenges. Alpaca aims to bridge this gap with its Instant Tokenization Network, designed to integrate traditional financial systems with blockchain technology, thus enabling real-time settlement and scalable on-chain issuance. As a regulated clearing member and crypto-native platform, Alpaca positions itself as a leader in the tokenization infrastructure, ready to expand its network of partners and support the growing demand for tokenized financial products.