Alpaca and Japan’s SBI Holdings Announce Partnership and USD15 Million Strategic Investment to Accelerate Alpaca’s Asian Business
View the full release here: https://www.businesswire.com/news/home/20231012426487/en/
- View the full release here: https://www.businesswire.com/news/home/20231012426487/en/
Alpaca and Japan’s SBI Holdings Announce Partnership and Strategic Investment to Accelerate Alpaca’s Asian Business (Graphic: Business Wire)
This partnership allows Alpaca to accelerate its expansion of businesses and extend its reach to enterprise financial institutions for the clearing and execution of US securities in Asia. - As part of the new partnership, SBI has made a USD15 million investment in Alpaca.
- Additionally, SBI has agreed with Alpaca to make respective commitments to drive Alpaca’s future growth through collaborative business development efforts and introducing innovative products.
- Alpaca continues to provide resources dedicated to expanding its Asian business through a recently acquired broker-dealer license under the Japan FSA.