VelaFi raises $20 million in Series B funding to expand its global stablecoin payment infrastructure.

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VelaFi, a financial infrastructure company based on stablecoins, has just completed a $20 million Series B Capital round, bringing its total Capital to $40 million. The investment round, co-led by XVC and Ikuyo, demonstrates growing investor interest in stablecoin-based payment infrastructure.

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Expanding cross-border payments on a global scale.

According to the announcement, VelaFi will use the new Capital to boost its cross-border payment and settlement services, focusing on key markets such as the US, Latin America, and Asia. Notably, the company has also officially entered the Japanese market, one of the regions with an increasingly clear legal framework for stablecoins and digital payments.

End-to-end infrastructure for businesses and organizations.

VelaFi positions itself as a comprehensive financial solutions provider centered around stablecoins, including:

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  • Fiat-crypto converter (fiat on/off-ramp)
  • Forex workflows
  • Cash and liquidation management
  • API system serving businesses and financial institutions.

This approach allows companies to integrate stablecoins directly into their payment, settlement, and cash flow management operations, rather than using them solely as a transfer pricing tool.

Stablecoins are increasingly Vai an infrastructure role.

Observers believe VelaFi's Series B deal reflects a trend of stablecoins shifting from a transactional asset class to a financial infrastructure class. In a context where traditional cross-border payments are slow and expensive, platforms like VelaFi are leveraging stablecoins to shorten settlement times, reduce costs, and expand global reach.

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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.
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