Velocity, a platform specializing in stablecoin treasury and settlement, has successfully closed a $38 million Series A funding round. The investment was co-led by prominent venture firms Dragonfly and FirstMark, with participation from a diverse group of industry leaders. This capital injection will fuel the company's mission to modernize treasury operations for global enterprises and financial institutions.
Bridging Traditional Finance and Digital Assets
Velocity's platform empowers corporate finance teams to manage, move, and settle funds using stablecoin-based infrastructure. By integrating with local banking rails and compliance systems, it allows businesses to leverage stablecoins without overhauling their core operations. This approach helps improve liquidity management, reduce settlement times, and streamline cross-border capital movements for its clients.
The new funding brings Velocity's total capital raised to nearly $50 million since its founding in 2025. The company plans to allocate these resources toward expanding its global banking and payments network and accelerating product development. Furthermore, the investment will bolster its regulatory capabilities to support the increasing demand from its enterprise customer base.
Investor Confidence in Stablecoin Infrastructure
This funding round unites a diverse coalition of investors from digital assets, enterprise software, payments, and traditional financial services. Their collective backing signals a growing conviction that stablecoins are evolving into a foundational layer of global financial infrastructure. The participation of firms like Capital One Ventures and Ripple alongside crypto-native funds highlights this broadening appeal.
Rob Hadick, General Partner at lead investor Dragonfly, emphasized Velocity's unique position in the market. He noted the company's deep understanding of the global payments stack and its ability to connect traditional systems with stablecoin networks. Hadick believes this capability is crucial for unlocking significant value and driving enterprise adoption of the technology.
Adam Nelson, a Partner at co-lead investor FirstMark, expressed similar confidence in the company's long-term potential. He compared the transformative power of stablecoins to the internet's impact on information, positioning Velocity as a category-defining company. Nelson stated that the firm is uniquely positioned to build real-world infrastructure for this fundamental industry shift.
Focus on Enterprise Adoption and Practical Application
According to Gbenga Ajayi, Partner at QED Investors, the key to success is embedding new technology into existing financial workflows. He praised Velocity for building a practical bridge that allows treasury teams to adopt stablecoins without disrupting their current processes. This approach provides enterprises a clear path to achieving faster settlement and more efficient global liquidity.
Eric Queathem, Founder and CEO of Velocity, stated that the company has always prioritized the needs of CFOs and treasury teams. He remarked that the timing and technology are now right to bring features like faster settlement and better liquidity control to market. This focus on non-crypto native users reflects a broader market shift toward stablecoins as core business infrastructure.
With its successful $38 million Series A, Velocity is strongly positioned to accelerate the enterprise adoption of stablecoin technology. The significant investment from a diverse group of high-profile backers underscores the growing market confidence in stablecoins as a critical component of modern finance. The company's focus on integrating with existing treasury workflows will be key to its strategy for reshaping global commerce.