Key Takeaways
- • Velocity, a London-based stablecoin treasury and settlement platform, raised $38 million in Series A funding led by Dragonfly and FirstMark, bringing total funding to approximately $50 million.
- • The round includes participation from Capital One Ventures, Coinbase Ventures, and other institutional backers, signaling mainstream institutional confidence in enterprise stablecoin infrastructure.
- • Velocity's funding targets expansion of B2B stablecoin payments infrastructure and cross-border settlement capabilities for enterprises, positioning the company to scale adoption among corporate treasury operations.
- • The investment reflects growing institutional investor appetite for infrastructure enabling stablecoins as practical tools for enterprise payments and treasury management rather than speculative crypto assets.
Summary
Velocity, a stablecoin treasury and settlement platform based in London, has secured $38 million in Series A funding led by venture capital firms Dragonfly and FirstMark. The round brings the company's total capital raised to approximately $50 million. This financing round underscores institutional investor confidence in infrastructure solutions that facilitate enterprise adoption of stablecoins for treasury operations and cross-border settlement.
The Series A round attracted a notable roster of institutional backers beyond the lead investors, including Capital One Ventures and Coinbase Ventures. The participation of major financial services venture arms and established crypto-native venture funds signals alignment across both traditional finance and digital asset sectors on the strategic importance of stablecoin infrastructure for B2B payments.
Velocity has positioned itself in a critical infrastructure layer of the stablecoin ecosystem, building technology that enables enterprises to leverage stablecoins for treasury management and settlement processes. Rather than promoting speculative use cases, the platform targets practical applications in corporate finance and international payment flows. The company's expansion plans focus on scaling this infrastructure and potentially entering emerging markets, where stablecoin-based settlement could address liquidity and foreign exchange challenges.
The funding environment for stablecoin infrastructure reflects a maturation in how institutional investors view digital currency technology. Where earlier venture capital in crypto focused heavily on decentralized protocols and consumer applications, this round exemplifies institutional capital flowing toward regulated, enterprise-facing infrastructure that solves concrete financial operations problems.
The Series A round attracted a notable roster of institutional backers beyond the lead investors, including Capital One Ventures and Coinbase Ventures. The participation of major financial services venture arms and established crypto-native venture funds signals alignment across both traditional finance and digital asset sectors on the strategic importance of stablecoin infrastructure for B2B payments.
Velocity has positioned itself in a critical infrastructure layer of the stablecoin ecosystem, building technology that enables enterprises to leverage stablecoins for treasury management and settlement processes. Rather than promoting speculative use cases, the platform targets practical applications in corporate finance and international payment flows. The company's expansion plans focus on scaling this infrastructure and potentially entering emerging markets, where stablecoin-based settlement could address liquidity and foreign exchange challenges.
The funding environment for stablecoin infrastructure reflects a maturation in how institutional investors view digital currency technology. Where earlier venture capital in crypto focused heavily on decentralized protocols and consumer applications, this round exemplifies institutional capital flowing toward regulated, enterprise-facing infrastructure that solves concrete financial operations problems.
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