Velocity Raises $38 Million for Stablecoin Treasury Platform
Velocity is building an enterprise treasury and cash-management platform for companies holding and moving stablecoins. The service is designed to help businesses manage digital-dollar assets, payments and liquidity more efficiently as stablecoins gain traction in cross-border transactions and corporate finance. Demand for treasury infrastructure is rising alongside adoption, making secure asset oversight and reliable cash-flow management an increasingly important part of the sector.
Velocity has raised $38 million in a Series A funding round to expand its stablecoin treasury platform, though the report did not specify an announcement date or identify participating investors. The company plans to use the proceeds to grow its team, accelerate product development and step up go-to-market efforts. The financing will support further improvements to tools intended to streamline how enterprises manage stablecoin holdings and operational liquidity.
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The history behind this eventVelocity Raises $38 Million to Build Enterprise Stablecoin Treasury Infrastructure
Stablecoins have gradually evolved from crypto trading instruments into infrastructure for corporate cross-border payments and treasury management. Companies settling transactions in stablecoins need treasury platforms that connect banks and payment networks with on-chain assets, the market targeted by startup Velocity. Continued investment in the sector by crypto venture firms including Dragonfly reflects institutional confidence in enterprise adoption of stablecoins.
Velocity announced in July 2026 that it had raised $38 million in a Series A round led by Dragonfly and FirstMark. The company said it would use the funding to expand its banking and payment network coverage, helping businesses and financial institutions use stablecoins for cross-border settlement and day-to-day treasury operations. Its goal is to become core infrastructure for enterprise stablecoin treasuries.
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