Velocity secures $38M Series A to develop enterprise stablecoin treasury solutions
The emerging company, supported by investment from Dragonfly, FirstMark and Coinbase Ventures, is scaling its platform that enables corporations to incorporate stablecoins into their treasury management and payment systems.
Enterprise-focused stablecoin treasury infrastructure provider Velocity has successfully secured $38 million through a Series A investment round, with plans to scale its platform that enables corporations and banking institutions to leverage stablecoins for international settlement processes and treasury management functions.
Dragonfly and FirstMark co-led the investment round, which included contributions from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. The company announced its intention to deploy the newly raised capital toward expanding its network of banking and payment partners, building additional product offerings and enhancing its regulatory compliance infrastructure.
Established in 2025, Velocity creates technology solutions that bridge stablecoin networks with traditional banking infrastructure, custody services, compliance frameworks and settlement platforms. The platform is designed for corporate finance departments, payment service providers, financial technology companies and banking institutions that utilize stablecoins for international payment flows and treasury management activities.
With this most recent capital injection, Velocity has accumulated close to $50 million in total funding since its inception in 2025, the company reported.
This fundraising announcement arrives amid growing competition within the enterprise-grade stablecoin sector. In June, a coalition of more than 140 organizations supported the introduction of Open USD (OUSD), a stablecoin pegged to the U.S. dollar, with backing from major players including Visa, Mastercard, Coinbase and Ripple.
Stablecoin infrastructure investment accelerates
Capital deployment into stablecoin infrastructure projects has picked up momentum throughout this year as organizations construct the technological platforms and network systems that underpin payment processing, transaction settlement and enterprise-level financial operations.
In March, Tether joined a $5.2 million investment round for Ark Labs, an infrastructure startup focused on enabling stablecoin creation and settlement capabilities on the Bitcoin network. The organization is working on a programmable execution framework designed to facilitate accelerated payment processing and more sophisticated financial use cases on the blockchain.
Following that in the same month, OpenFX successfully raised $94 million through a Series A financing round to grow its foreign exchange network built on stablecoin technology, which aims to accelerate international payment processing for corporate clients. The organization stated it would allocate the funding toward geographic expansion into Southeast Asia and Latin America while deepening liquidity throughout its operational network.
Trace Finance obtained $32 million in the subsequent month to broaden its international payment infrastructure platform, which integrates traditional banking services, currency exchange capabilities and stablecoin-based settlement functionality for companies with multi-market operations.
These funding activities are occurring as stablecoin-based payment volumes demonstrate continued growth. Research conducted jointly by McKinsey and Artemis Analytics projected that stablecoins facilitated $390 billion in annualized real-economy payment transactions during 2025, with approximately $226 billion attributed to business-to-business payment flows.
