The small but fast-growing tokenized stocks industry is relying on one little-known brokerage. Alpaca, a California-based broker-dealer, is dominating the business because few other brokers are willing to sell stocks to tokenization firms. Ondo Finance, Kraken's xStocks and Dinari all send their users' orders to Alpaca to purchase the underlying stocks backing the stock tokens https://www.theinformation.com/articles/little-known-broker-dominates-crypto-stock-tokens(Yueqi Yang)