TechFlow news, July 16, according to Cointelegraph, stablecoin treasury platform Velocity completed a $38 million Series A financing round, led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple, among others.
Velocity was founded in 2025, and its software connects stablecoin networks with banks, custody, compliance, and settlement systems, serving corporate finance teams and financial institutions for cross-border payments and treasury operations. After this round of financing, the company's total funding raised is nearly $50 million, and the funds will be used to expand bank payment networks, develop new products, and strengthen regulatory capabilities.
