Alpaca said it clears or custodies roughly 94% of tokenized U.S. stocks and ETFs, backed by more than $1.5 billion of underlying shares. According to NS3.AI, the figure highlights Alpaca's role in the tokenized equities market as infrastructure for these products grows.
The Depository Trust & Clearing Corporation is preparing to launch its Tokenization Service in October. The U.S. Securities and Exchange Commission has warned that third-party stock tokens can expose investors to additional ownership and intermediary risks.
Alpaca Says It Custodies 94% of Tokenized U.S. Stocks and ETFs
2026-07-26 11:37:08
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