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Crypto Funding Surge: Alpaca and LMAX Group Each Secure $150 Million

By dAppConNewcomer20 rep· 1/17/2026

The crypto market saw a significant influx of capital in the week of January 11-17, 2026, with a total of $513.4 million raised across 15 projects. Leading the charge were Alpaca and LMAX Group, each successfully closing funding rounds worth $150 million, signaling strong investor confidence in core crypto infrastructure, exchanges, and payment solutions.

 

Key Takeaways

  • Alpaca and LMAX Group each raised $150 million, dominating the week's funding activity.

  • Infrastructure, exchanges, and payments were the dominant sectors attracting investment.

  • Notable projects like Project Eleven, ICEx, and VelaFi also secured substantial funding.

 

Alpaca's Series D Success

Alpaca, a prominent API platform enabling trading for stocks, options, and cryptocurrencies, announced a successful $150 million Series D funding round. This investment propels the company's fully diluted valuation to $1.15 billion. The round was led by DRIVE Capital and included participation from Haun Ventures and Opera Tech Ventures. This funding will be instrumental in strengthening Alpaca's global investment infrastructure and expanding its product offerings.

Alpaca has now raised a total of $288.8 million to date. The company also secured a $40 million line of credit. Alpaca is a critical provider of tokenization infrastructure, powering 94% of all tokenized U.S. equities and ETFs, and serves approximately 300 organizations, including the Kraken crypto exchange.

 

LMAX Group's Strategic Investment

LMAX Group also secured $150 million in an undisclosed funding round. The investment was backed by Ripple, indicating a strategic partnership or endorsement within the digital asset space.

 

Other Notable Funding Rounds

Beyond the two major rounds, several other projects attracted significant investment:

  • ICEx: An Indonesia-based crypto exchange, raised $70 million.

  • Upexi: Secured $36 million, bringing its total funding to $136 million.

  • Project Eleven: A Bitcoin infrastructure and security platform focused on quantum-era readiness, raised $20 million in a Series A round, achieving a $120 million valuation. Investors included Coinbase Ventures and Castle Island Ventures.

  • VelaFi: A stablecoin payment infrastructure provider, secured $20 million in a Series B round.

Several smaller rounds also contributed to the week's total, with projects like Konnex, XMAQUINA, Veera, TBook, Noise, Meld, Neuramint, TROVE, and Saturn Labs collectively raising over $50 million.

 

Sources

 

This article was created with support from AI-driven technology, drawing on multiple reputable sources. The final content has been thoroughly reviewed and edited by BlockzHub's editorial team to ensure accuracy, clarity, and coherence. Original reporting sources are credited whenever appropriate and as required. The opinions expressed in this article do not necessarily represent the official views or positions of BlockzHub. This article is intended for informational purposes only and should not be considered financial or professional advice. Investing involves risk, and you should consult a qualified financial advisor before making any investment decisions.

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Crypto Funding Surge: Alpaca and LMAX Group Each Secure $150 Million | BlockzHub