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2026-06-03 07:49:03

Who's the Real Winner Behind the Stock-Token Race? Alpaca Commands 94% Market Share

As Binance, Bitget, Gate, and DeFi protocols rush into tokenized stock trading, one common partner emerges: Alpaca, a U.S. licensed broker. Holding a 94% market share in tokenized equities and ETFs, Alpaca's API-first Brokerage-as-a-Service model makes it the biggest 'shovel seller' in the crypto-stock convergence.

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Who's the Real Winner Behind the Stock-Token Race? Alpaca Commands 94% Market Share