Velocity Raises $38 Million Series A Led by Dragonfly and FirstMark Stablecoin settlement platform Velocity has raised $38 million in a Ser…
Velocity Raises $38 Million Series A Led by Dragonfly and FirstMark
Stablecoin settlement platform Velocity has raised $38 million in a Series A round co-led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple. Founded in 2025, Velocity helps enterprises, payment providers, and financial institutions hold, transfer, and settle funds using stablecoins while retaining existing banking integrations and compliance systems. The company has raised nearly $50 million in total since its launch last year.
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