Alpaca's Singapore Subsidiary Receives In-Principle Approval for MAS Capital Markets Services License

By:Ā alpaca.markets|09/29/2026 16:00:00

Alpaca Securities Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license. The company plans to offer brokerage and custodial services in Singapore to financial institutions and fintech companies in Southeast Asia, once it meets the relevant conditions and officially obtains the license. Alpaca noted that in-principle approval does not equate to a formal license, and related services cannot be commenced based on this approval.

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