TL;DR: Alpaca is building the global equivalent of Apex Fintech Solutions—providing embedded brokerage APIs for fintechs outside the US to offer U.S. equities, options, and margin trading. Sacra estimates Alpaca hit $60M in annualized revenue in 2024, up 150% YoY as trading volume tripled to ~$180B. For more, check out our full report and dataset...