Product Manager, Digital Assets - Crypto

About Alpaca

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more.

Amongst our subsidiaries, Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional-grade APIs. This includes broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totalling over 10 million brokerage accounts.

Alpaca is proudly backed by $400 million in funding from top-tier global investors including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Opera Tech Ventures, SBI Group, Derayah Financial, Unbound, Peak XV, Elefund, and Y Combinator.

The Role

Alpaca's product team is looking for a Product Manager to own Alpaca's regulated crypto trading and yield surface: spot or perps exchange, fiat and stablecoin funding rails, staking / lending, and the crypto API that partners build on.

You will partner deeply with engineering, compliance, legal, partnerships, and the broader Alpaca product team to ship regulated crypto infrastructure at scale. You will help shape and grow the crypto product itself, and you will be expected to provide early signal on US policy changes rather than react after rules formalize.

Key Responsibilities

• Own the spot crypto exchange product surface: pair coverage, order types, availability across jurisdictions, and the partner-facing experience for trading crypto on Alpaca.
• Lead integrations that unlock funding and liquidity with liquidity providers and custodians. Own the stablecoin funding flow, including paths for USDC and other regulated stables.
• Work with partners to understand crypto requirements for fintechs, neobrokers, and institutional platforms. Expand supported networks and coins balancing partner demand and custody readiness.
• Drive staking and lending / earn product design within regulatory and operational constraints.
• Shape a crypto API surface that treats developers and agents as primary customers: SDKs, reference integrations, and changelog discipline.
• Lead and execute the product case for crypto perps.

Qualifications

• Bachelor's degree in computer science, engineering, finance, or equivalent practical experience.
• 5+ years of experience in Product Management, Engineering, and/or founding a startup, preferably within crypto exchanges, brokerage, market making, custody, or financial infrastructure.
• Demonstrated depth on at least one core crypto product surface at production scale: spot trading / exchange, custody / wallets, fiat or stablecoin funding rails, staking / earn, or derivatives / perps.
• Strong understanding of crypto market structure: order books, liquidity providers, spreads, slippage, settlement, and how B2B / API-first platforms differ from retail-only exchanges.
• Experience shipping in a regulated environment alongside Legal, Compliance, Risk, and Operations teams.
• Proven ability to run partner / customer discovery and convert findings into a prioritized roadmap.
• Strong written and verbal communication across engineering and executive audiences.
• Solid business acumen to weigh ROI, partner demand, regulatory risk, technical feasibility, timeline, and budget.
• AI-native PM workflow with AI incorporated into your daily execution.

Nice-to-Haves

• Direct experience at a crypto exchange, broker-dealer, custodian, market maker, or institutional crypto infrastructure provider.
• Experience building developer-facing crypto APIs used by quants, algorithmic traders, or automated systems.
• Familiarity with staking, lending / earn, perpetual futures, and the operational and regulatory constraints of offering them via a licensed entity.
• Background combining regulated financial-product context (broker-dealer, payments, custody) with crypto-native infrastructure (wallets, L1/L2, on-chain settlement).

Benefits

• Competitive Salary & Stock Options
• Health Benefits
• New Hire Home-Office Setup: One-time USD $500
• Monthly Stipend: USD $150 per month via a Brex Card