Stablecoin settlement platform Velocity raised $38M Series A led by Dragonfly and FirstMark, bringing total funding to nearly $50M.

DeFi & Yields · 2026-07-15

Velocity, a platform enabling stablecoin-based fund settlement for enterprises and financial institutions, closed a $38 million Series A round with Dragonfly and FirstMark as co-leads, alongside investors including Coinbase Ventures, Ripple, and others. The financing brings the company's total capital raised since its 2025 founding to nearly $50 million.

Previously on Telem

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