Alpaca built the rails underneath global investing — and just showed what happens when years of unglamorous work compounds.
Congrats to
@iyoshyoshi,
@umitanuki, and the rest of this outstanding team on raising a $135M round alongside $300M in debt financing.
What we've always respected about Yoshi and the Alpaca team is the unglamorous conviction it takes to go market-by-market: US, Japan, now India's GIFT City, the UK, and passporting across all 30 EEA countries - building the clearing, and doing the plumbing no one sees. They didn't chase the AI or tokenization trend; they spent years building the regulated rails underneath both, and the road ahead is exactly the one they've been paving.
At Elefund, we're proud to have deepened our participation this round and excited to keep supporting the team as they scale. The hardest part of infrastructure is staying boring long enough to become obvious. Onward. 🚀