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11:38
Alpaca completes $150 million financing, reaching a valuation of $1.15 billion
Fintech infrastructure provider Alpaca has completed a $150 million Series D funding round, reaching a valuation of $1.15 billion. The round was led by Drive Capital, with participation from Citadel Securities, an unnamed exchange, and the venture capital arm of BNP Paribas. Alpaca has also secured a $40 million credit line. Its software supports trading services for stocks, ETFs, cryptocurrencies, and more. Co-founder and CEO Yoshi Yokokawa stated that Alpaca's annual recurring revenue has exceeded $100 million.
11:37
Fintech infrastructure provider Alpaca completes $150 million financing round, led by Drive Capital
According to Odaily, fintech infrastructure provider Alpaca has announced the completion of a $150 million Series D funding round, reaching a valuation of $1.15 billion. This round was led by Drive Capital, with participation from Citadel Securities, an unnamed exchange, and the venture capital arm of BNP Paribas. As part of the financing, Alpaca also secured a $40 million credit line. Alpaca's software enables companies to more easily offer trading services for stocks, ETFs, cryptocurrencies, and other financial instruments. Yoshi Yokokawa, co-founder and CEO of Alpaca, stated that as the boundaries between traditional finance and the crypto sector blur and platforms integrate their services, Alpaca's annual recurring revenue has surpassed $100 million. (Fortune)
11:34
Zcash Foundation deploys 5 DNS seed nodes in response to ECC node shutdown
ChainCatcher reported that the Zcash Foundation has officially announced the deployment of five new DNS seed nodes in the United States and Europe, in response to the potential discontinuation of DNS seed node services operated by Electric Coin Company (ECC). The newly deployed seed nodes are located in South Carolina and Oregon in the United States, as well as Belgium, Germany, and Finland in Europe. As of now, including the existing seed nodes, the total number of seed nodes operated by the Zcash Foundation has reached six, aiming to ensure reliable node discovery for users and improve the startup performance of wallets and nodes. In addition, the Zcash Foundation is considering further deployments in other regions to enhance coverage and reliability, and Shielded Labs is also working to deploy additional seed nodes.
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