Velocity has raised $38 million in a Series A funding round led by Dragonfly and Firstmark to develop stablecoin-based payment tools for businesses.
According to NS3.AI, the company said it will use the proceeds to pursue licensing efforts in Africa and Latin America, expand its custody infrastructure, and develop yield-generating stablecoin products.
Velocity Raises $38 Million Series A to Build Stablecoin Payment Tools for Businesses
2026-07-14 14:21:49
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