Velocity has successfully raised $38 million in a Series A funding round, aimed at expanding its innovative stablecoin payments and treasury platform for global enterprises. This platform allows businesses to maintain their core treasury operations while leveraging the advantages of stablecoins, such as faster settlement times and improved capital mobility across borders. By integrating stablecoin infrastructure with local banking systems, compliance measures, custody solutions, liquidity management, and settlement orchestration, Velocity is positioning itself at the forefront of a financial revolution.
The newly acquired capital will be instrumental in broadening Velocity's global banking and payments network, accelerating product development, enhancing regulatory capabilities, and meeting the rising demand from enterprises and financial institutions. Since its inception in 2025, the company has focused on addressing the needs of CFOs and treasury teams, as highlighted by CEO Eric Queathem's assertion that stablecoins are evolving from mere payment solutions to essential components of business finance infrastructure.
With this Series A funding, which brings Velocity's total capital raised to $50 million since May 2025, the company is set to redefine how businesses manage and transfer funds. Dragonfly Capital, which led the funding round alongside FirstMark, emphasizes that stablecoin adoption will primarily be driven by global enterprises and financial institutions. As the financial landscape shifts, Velocity's ability to connect traditional payment systems with stablecoin networks could unlock significant value and reshape commerce and payment execution on a global scale.
The newly acquired capital will be instrumental in broadening Velocity's global banking and payments network, accelerating product development, enhancing regulatory capabilities, and meeting the rising demand from enterprises and financial institutions. Since its inception in 2025, the company has focused on addressing the needs of CFOs and treasury teams, as highlighted by CEO Eric Queathem's assertion that stablecoins are evolving from mere payment solutions to essential components of business finance infrastructure.
With this Series A funding, which brings Velocity's total capital raised to $50 million since May 2025, the company is set to redefine how businesses manage and transfer funds. Dragonfly Capital, which led the funding round alongside FirstMark, emphasizes that stablecoin adoption will primarily be driven by global enterprises and financial institutions. As the financial landscape shifts, Velocity's ability to connect traditional payment systems with stablecoin networks could unlock significant value and reshape commerce and payment execution on a global scale.
Source: PYMNTS
