TechFlame News: Financial technology infrastructure provider Alpaca has announced the completion of a $150 million Series D funding round, valuing the company at $1.15 billion. This round was led by Drive Capital, with participation from Citadel Securities, cryptocurrency exchange Kraken, and the venture capital arm of BNP Paribas. As part of the funding, Alpaca also secured a $40 million credit line. Alpaca develops software that enables companies to more easily offer trading services for stocks, ETFs, cryptocurrencies, and other financial instruments. According to Yoshi Yokokawa, co-founder and CEO of the company, as the boundaries between traditional finance and the crypto space blur, platforms are integrating their services, and Alpaca’s annual recurring revenue has now exceeded $100 million.