Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more
THE BLOCK ·
Velocity, a stablecoin treasury and settlement platform, has raised $38 million in a Series A funding round led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. The startup, founded in 2025, has now raised nearly $50 million since May, according to an announcement on Tuesday. Velocity is among a number of companies looking to enable enterprises, payment providers, and financial institutions to hold, move, and settle funds using stablecoins while connecting to traditional banking rails and compliance systems. "We first met Velocity over a year ago, and it was clear from the beginning they have a uniquely deep understanding of the global payments stack and how it can be disrupted," Dragonfly General Partner Rob Hadick said. "What sets them apart is their ability to connect traditional payments and banking infrastructure with stablecoin networks and unlock significant value." Hadick also noted Velocity is "reimagining how critical payments and commerce are executed." According to the announcement, Velocity’s tech is designed to shorten settlement times, remove prefunding requirements and improve efficiency for cross-border capital movement without requiring companies to overhaul existing treasury operations. Its treasury management platform also advertises a way to earn yield on corporate funds and unify fiat and stablecoin balances, among other use cases. And its settlement features can "orchestrate clearing across banks, card networks, processors, and digital asset rails" while reducing FX friction, according to Velocity’s website. "The most enduring technology companies are built around shifts that fundamentally change how industries operate," said Adam Nelson, Partner at FirstMark. "We believe stablecoins have the potential to transform the movement of money as profoundly as the internet transformed the movement of information." Velocity emerged from stealth mode last year with a $10 million pre-seed funding round led by Activant Capital. The new capital will be used to expand the company’s global banking and payments network, accelerate product development and deepen regulatory capabilities to meet rising demand from enterprises and financial institutions, according to the announcement. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures . © 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
AI 시장 분석
Stablecoin payment platform Velocity has raised $38 million in a Series A funding round led by Dragonfly and FirstMark. With participation from major firms such as Coinbase and Ripple, the total cumulative funding is nearing $50 million. This underscores the surging demand for companies seeking to bridge traditional finance with virtual asset payment networks, likely accelerating financial infrastructure innovation through improved payment efficiency.
상승 영향
- Stablecoins — The large-scale investment in Velocity, an enterprise payment and treasury platform, demonstrates that stablecoins are becoming practical payment instruments within traditional financial networks, boosting market confidence.
- Fintech — As technology bridging traditional banking and blockchain matures, fintech firms seeking faster payment speeds and reduced costs are expected to enhance their infrastructure competitiveness.
DYAX 전담 분석
The significant funding round indicates a maturing market for blockchain-based settlement solutions. By securing backing from industry giants, Velocity is well-positioned to integrate stablecoins into enterprise-grade financial workflows. As the gap between legacy systems and digital assets narrows, the focus will shift toward scaling operational throughput and regulatory compliance in global payment corridors.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 54% · Bearish (Short) 46%
537 participants
Related News
- Adam Back é Satoshi Nakamoto? As Evidências, as Alegações e a História do Bitcoin Explicadas
- ¿Es Adam Back Satoshi Nakamoto? Las pruebas, las afirmaciones y la historia de Bitcoin explicada
- Stacks and stacks of wax packs, now obsolete, summon the joy of baseball-card childhoods
- Trump pushes Senate to pass crypto bill as CLARITY Act gains momentum
- Base Creator Jesse Pollak Steps Back From App Leadership After Admitting Social Bet 'Was Wrong'
- Riddec Technologies Opens Crypto Treasury Operating System to Private Beta