Velocity Raises $38 Million to Scale Stablecoin Treasury Infrastructure

Velocity, a London-based stablecoin treasury and settlement platform, raised $38 million in a Series A funding round co-led by Dragonfly and FirstMark. The round included participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple, bringing the company's total capital raised to nearly $50 million since its 2025 founding.

The platform provides infrastructure for chief financial officers and treasury teams to hold, move, and settle funds using regulated stablecoins integrated with traditional banking rails. The company aims to reduce settlement times, eliminate prefunding requirements, and improve global liquidity management for enterprises.

Velocity plans to use the new capital to accelerate product development, deepen regulatory capabilities, and expand its global banking and payments network. Company leadership and investors describe the shift toward stablecoins as a fundamental transformation in how global businesses manage money, comparing the potential impact to the internet's effect on information movement.