Velocity has raised $38 million in a Series A funding round to expand its stablecoin-based treasury and settlement platform, underscoring how quickly digital dollar infrastructure is moving from a crypto-native market tool into core business payments.
The round was co-led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED, Coinbase Ventures, Wintermute Ventures and Ripple. Velocity said the new capital will be used to broaden its product lineup, support regulatory work and expand its global network as more companies look for faster ways to move money across borders.
Founded in 2025, Velocity has now raised nearly $50 million in total funding as of July 2026. The company previously came out of stealth with $10 million in pre-seed funding led by Activant Capital.
The startup is building systems that allow businesses and financial firms to manage payments, treasury balances and settlement activity using stablecoins while keeping links to existing banking infrastructure, accounting tools and compliance controls. Its pitch is straightforward: companies should be able to use tokenized dollars without rebuilding the financial systems they already rely on.
The funding comes during a sharp rise in stablecoin use. Market data from late June 2026 showed adjusted stablecoin transaction volume reaching about $1.79 trillion for the month, while the total value of stablecoins in circulation has moved above $315 billion. Those figures point to a market that has expanded well beyond its early role as a trading instrument for crypto markets.
What Velocity is building
Velocity’s platform is designed to help companies reduce settlement delays, avoid some prefunding requirements and simplify cross-border capital movement. In traditional payment channels, businesses often need to keep money parked in different accounts, currencies or banking partners before payments can be completed. That can tie up cash and make global operations more expensive.
Stablecoins offer a different model. Because they move on blockchain networks and are usually pegged to fiat currencies such as the U.S. dollar, they can transfer value quickly across borders and outside standard banking hours. But for large businesses, speed alone is not enough. They also need compliance checks, reporting, treasury controls and integration with banks.
Velocity is trying to sit in that middle layer. The company says its technology can coordinate clearing across banks, card networks, processors and digital asset channels. In practice, that means a business could use stablecoins as part of its settlement process without fully separating from the banking system or forcing finance teams to work in a completely unfamiliar environment.
The platform also provides tools for handling both fiat and stablecoin balances. That is important because most companies are not moving entirely into tokenized money. They still have payroll, vendors, tax obligations and operating costs tied to bank accounts and national currencies. A platform that can show and manage both types of balances in one workflow may be more useful than a system built only for blockchain-native payments.
A push to remove settlement friction
One of Velocity’s main selling points is the ability to reduce prefunding. In global payments, prefunding often means a company must place money in accounts ahead of time so payments can be settled later. This is common in correspondent banking, cross-border transfers and some payment processing arrangements.
For a large enterprise, these parked balances can become a hidden cost. Cash that sits idle in one country or one currency cannot easily be used elsewhere in the business. It can also create foreign exchange exposure when companies must maintain balances in multiple currencies.
Velocity argues that stablecoin settlement can make this process more efficient. If payment obligations can be settled faster and with more visibility, companies may not need to hold as much cash across as many prefunded accounts. That could make treasury operations leaner and improve liquidity management.
The company’s system also targets foreign exchange friction. Moving money across borders often involves multiple banks, fees, intermediary steps and delays. Stablecoins can remove some of those steps, but only if companies can use them inside a controlled and compliant framework. Velocity is positioning itself as one of the firms trying to make that transition possible for enterprises rather than only crypto-native firms.
Stablecoins become business infrastructure
Stablecoins have grown quickly because they combine some of the features businesses already understand with the speed of blockchain settlement. They are generally designed to hold a stable value, often one-to-one with the U.S. dollar, and can be transferred across supported blockchain networks at any time.
At first, stablecoins were mostly used by crypto traders to move between digital assets without converting back into bank money. Over time, their use has widened. Today, they are used for remittances, business-to-business payments, on-chain finance, merchant settlement, dollar access in countries with weaker local currencies and liquidity management across digital markets.
The move into corporate treasury is a newer but fast-growing piece of that story. Business finance teams care less about speculation and more about reliability, speed, cost and compliance. If stablecoin systems can meet those standards, they may become part of the regular financial toolkit for companies that move money internationally.
That is the opportunity Velocity is targeting. The firm is not trying to replace every bank system. Instead, it is building a bridge between traditional finance and digital settlement rails. That approach may be more practical for companies that cannot afford operational disruption or regulatory uncertainty.
In the funding announcement, Hadick said the company’s model helps businesses address cash flow problems that may not be obvious at first. Corporate treasury teams often focus on visible costs such as bank fees, currency spreads and payment delays. But hidden costs can come from idle balances, fragmented systems and slow reconciliation. A platform that improves how money moves and how balances are managed could produce benefits beyond faster transfers.
Queathem also said stablecoins are moving beyond simple payments and becoming part of the core plumbing for global commerce. This view reflects a broader market shift. The most important stablecoin use cases may not be flashy consumer apps, but back-office systems that help companies settle transactions more efficiently.
Why enterprise adoption is different
For consumer-facing crypto applications, adoption can happen quickly when users want faster transfers or access to dollar-linked assets. For enterprises, adoption is slower and more demanding.
Companies must consider audits, internal controls, tax reporting, sanctions screening, counterparty risk, custody, cybersecurity and legal treatment across several jurisdictions. A payment that is technically fast can still be unusable if it creates compliance issues or cannot be reconciled inside enterprise resource planning software.
This is why platforms like Velocity focus on integration. A chief financial officer does not want a separate dashboard that creates more manual work. Finance teams need stablecoin transfers to connect with accounting systems, bank partners and existing approval processes. The closer digital settlement feels to the tools businesses already use, the easier it becomes to adopt.
There is also a trust question. Stablecoins depend on the quality of their reserves, the transparency of issuers and the legal ability to redeem tokens for fiat currency. Businesses handling large sums will usually prefer regulated or highly transparent options. Settlement platforms must therefore choose partners carefully and provide a level of operational assurance that meets corporate standards.
Velocity’s regulatory spending will likely be central to its expansion. Global rules for stablecoins are still developing, and requirements vary across regions. Some jurisdictions are creating dedicated regimes for tokenized money, while others treat parts of the activity through existing payment, banking, securities or money transmission rules.
Regulation moves to the center
The next stage of stablecoin adoption will be shaped heavily by regulation. Clearer rules can make large companies more comfortable using stablecoins for practical payments and treasury operations. Unclear or conflicting rules can slow deployment, especially for firms operating across several countries.
For platforms such as Velocity, regulatory development is not just a legal cost. It is part of the product. Companies need to know which stablecoins they can hold, how transfers are screened, how funds are safeguarded and what happens if a counterparty fails. They also need reliable records for audits and regulators.
A favorable legal environment could accelerate the movement of corporate funds into compliant settlement networks. But the opposite is also true. If rules become fragmented or overly restrictive, companies may limit stablecoin use to narrow corridors or delay adoption.
This is why the enterprise stablecoin market is likely to favor firms that understand both technology and regulated finance. Fast blockchain settlement is no longer enough. The winning platforms will need banking relationships, legal clarity, risk controls and software that fits into corporate workflows.
What traders are watching
For traders, Velocity’s funding is another signal that stablecoin infrastructure remains one of the most important areas of digital asset activity. The company itself is private, but its growth points to broader themes across the market.
Stablecoin transaction volumes can indicate where real economic activity is forming on blockchain networks. If business payments increasingly run through specific chains or settlement providers, those networks may see stronger demand for block space, liquidity and supporting services.
Market participants are also watching which blockchains become preferred routes for large-scale settlement. Speed, cost, reliability and compliance tooling all matter. A network that is cheap but unreliable may struggle to win enterprise volume. A network that is secure but expensive may be used only for higher-value transfers. The balance between cost, security and regulatory compatibility will influence where corporate stablecoin activity grows.
Another area to watch is the connection between banks and on-chain systems. The most durable growth may come from companies that do not force a choice between traditional finance and blockchain rails. Businesses generally want better settlement, not a full operational reset. Providers that can connect both worlds may have an advantage.
A broader shift in money movement
Velocity’s Series A round reflects a larger change in how businesses think about moving money. For decades, cross-border payments have relied on layered banking relationships, batch processing and settlement windows that can stretch across days. That system works, but it is often slow, costly and opaque.
Stablecoins offer a faster alternative, yet their success in enterprise finance depends on making them usable within the rules and systems that companies already follow. Velocity is betting that businesses want the benefits of tokenized dollars without taking on unnecessary operational complexity.
The company’s fresh funding gives it more room to build products, expand partnerships and navigate regulatory requirements across markets. It also places Velocity among a growing group of firms trying to turn stablecoins from market infrastructure for crypto traders into dependable financial infrastructure for global commerce.
If stablecoin volumes continue to rise and regulation becomes clearer, the demand for enterprise-grade settlement platforms is likely to increase. The key question is not whether stablecoins can move quickly. That has already been proven. The question now is which companies can make them safe, compliant and practical for everyday business use.
Want deeper context on stablecoin settlement and business payments? Explore our guide on stablecoins and how they work for treasury and cross-border use.
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