Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
Velocity raised $38 million in a Series A led by Dragonfly and FirstMark, with backing from firms including Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple. The startup builds stablecoin infrastructure for enterprises and financial institutions, connecting stablecoin networks with banking, custody, compliance, and settlement systems for cross-border payments and treasury operations. Velocity plans to use the funds to expand its banking and payments network, launch new products, and strengthen regulatory capabilities. Founded in 2025, it says total funding is now nearly $50 million. The round reflects rising competition and investment in enterprise stablecoin infrastructure as more companies build tools for payments and settlement.
