Velo Labs receives second strategic investment from UOB Venture Management

avatar
TECHUBNEWS
16 hours ago
This article is machine translated
Show original

According to Techub News, Web3 company Velo Labs announced that it has received a second strategic investment from UOB Venture Management (UOBVM), a private equity and venture capital subsidiary of United Overseas Bank (UOB). The specific amount has not been disclosed. The funds raised will be used to promote the expansion of Velo Labs' cross-border payment and real-time multi-asset trading products, and further accelerate its vision of achieving frictionless and borderless financial solutions in Southeast Asia.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments