Alpaca to acquire WealthKernel.

Alpaca, a self-clearing broker-dealer, agreed to acquire WealthKernel, a wealthtech firm. Financial terms were no disclosed. “The acquisition of WealthKernel is a major step for Alpaca in becoming a truly global brokerage infrastructure. WealthKernel has gained a highly regarded reputation in the UK and EU through working closely with a number of financial institutions. With WealthKernel joining us, we’re directly entering the UK and EU, enhancing our support of global institutions that desire regulated investing across borders,” Yoshi Yokokawa, Alpaca CEO.