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Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more

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2 outlets - including Cryptobriefing and Theblock - are covering this story. Velocity's expansion into emerging markets could revolutionize cross-border payments, challenging traditional banking and FX systems globally. The post Dragonfly and FirstMark lead $38M Series A for stablecoin startup Velocity appeared firs…

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Dragonfly and FirstMark lead $38M Series A for stablecoin startup Velocity
Crypto Briefing Jul 14, 15:02 UTC

Dragonfly and FirstMark lead $38M Series A for stablecoin startup Velocity

Velocity's expansion into emerging markets could revolutionize cross-border payments, challenging traditional banking and FX systems globally. The post Dragonfly and FirstMark lead $38M Series A for stablecoin startup Velocity appeared firs…

Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more
The Block Jul 14, 14:30 UTC

Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more

The startup enables corporate users to use stablecoins while connecting to traditional banking rails and compliance systems.