Stablecoin infrastructure startup Velocity has closed a $38 million Series A funding round, bringing its total capital raised to nearly $50 million since the company launched in 2025. Dragonf
Stablecoin infrastructure startup Velocity has closed a $38 million Series A funding round, bringing its total capital raised to nearly $50 million since the company launched in 2025.
Dragonfly and FirstMark co-led the financing. Participating investors included Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple. Velocity said the fresh capital will go toward expanding its banking and payments network, launching new products, and strengthening its regulatory capabilities.
