Velocity raises $38M to wire stablecoins into enterprise treasury systems. Velocity secures $38M from Dragonfly, FirstMark, and Coinbase Ventures to build enterprise stablecoin treasury and payment workflow software. Velocity, a startup building stablecoin-native treasury infrastructure for corporations, has closed a $38 million funding round backed by some of the most recognized names in crypto-focused venture capital - Dragonfly, FirstMark, and Coinbase Ventures. The raise signals a broader and accelerating institutional conviction that stablecoins are no longer peripheral instruments in corporate finance - they are becoming foundational plumbing for enterprise treasury and payments operations. The infrastructure gap stablecoins created. For years, the promise of stablecoins in enterprise contexts has outpaced the tooling required to make that promise operational. Corporates exploring dollar-pegged digital assets for cross-border payments, liquidity management, or supplier settlements have repeatedly encountered the same friction: existing treasury management systems were built for correspondent banking rails, not programmable, blockchain-native money. Velocity's core proposition is to close that gap - offering software that allows businesses to embed stablecoins directly into treasury workflows and payment operations without requiring deep blockchain engineering expertise in-house. The startup's approach reflects a maturation in how the enterprise market is beginning to engage with digital assets. Rather than treating stablecoins as a speculative holding or an isolated treasury experiment, Velocity enables organizations to operationalize stablecoin flows at the software layer - connecting them to existing financial processes, reconciliation frameworks, and payment approval chains. This is precisely the kind of pick-and-shovel infrastructure that serious institutional adoption demands, and it is the reason why the investor roster for this round reads like a who's-who of credible crypto venture capital. The backers and what their presence signals. The composition of the investor syndicate deserves careful attention. Dragonfly is one of the most strategically sophisticated crypto-native funds operating today, with a consistent track record of backing foundational infrastructure plays at scale. FirstMark brings deep enterprise software expertise and a portfolio that spans some of the most durable business-to-business (B2B) software companies of the past decade. Coinbase Ventures, the investment arm of Coinbase, adds a strategic dimension that goes beyond capital - it represents a vote of confidence from the operator most responsible for mainstreaming regulated digital asset access in the United States. Together, the three backers provide Velocity with financial resources, enterprise distribution credibility, and deep crypto-native network effects simultaneously. That convergence of traditional enterprise venture and crypto-native capital in a single $38 million round is itself a data point worth examining. It suggests the market is no longer segmenting stablecoin infrastructure as a purely crypto-adjacent investment thesis. Instead, these investors are treating Velocity as an enterprise software company - one that happens to be built on digital asset rails, and whose total addressable market includes the vast global corporate treasury landscape that processes trillions of dollars in cash movements annually. Why enterprise treasury is the next stablecoin frontier. The timing of Velocity's raise is not incidental. Regulatory clarity around stablecoins has been advancing in key jurisdictions, most notably in the United States, where legislative frameworks are progressively establishing clearer rules for dollar-backed digital assets. In parallel, multinational corporations facing persistent inefficiencies in cross-border payments - slow settlement cycles, fragmented correspondent banking networks, and foreign exchange (FX) conversion costs - are actively seeking alternatives. Stablecoins, when properly integrated into treasury software, offer near-instantaneous settlement, programmable payment logic, and dramatically reduced transaction friction across borders. Velocity's software addresses the operational realities that prevent most enterprises from making that transition unassisted. Integrating stablecoins into treasury management without dedicated tooling typically requires bespoke blockchain development, compliance overlay, and custom reconciliation logic - a set of capabilities most corporate finance teams do not maintain internally. By packaging that complexity into deployable enterprise software, Velocity lowers the entry barrier substantially and positions itself as a necessary middleware layer between the legacy treasury stack and the emerging stablecoin economy. What this round means for the stablecoin infrastructure market. Velocity's $38 million raise is a benchmark transaction for the emerging category of enterprise stablecoin infrastructure software. It validates that there is meaningful institutional demand - and meaningful venture appetite - for startups solving the workflow integration problem rather than simply issuing stablecoins or building wallets. The companies likely to dominate the next phase of enterprise digital asset adoption will not be those that simply custody tokens or provide exchange access; they will be those that make stablecoins interoperable with the operational realities of corporate finance at scale. Velocity, now equipped with fresh capital and a marquee investor base, is positioning itself as a primary architect of that layer. Whether it can execute on that ambition at enterprise scale will determine whether this round is remembered as a prescient infrastructure bet or a well-funded early-stage experiment in a still-maturing market. Elena rosato. Italian fintech analyst. Covers EU payment regulation and the Mediterranean banking sector. § Comments Open discussion no account needed

Velocity secures 38 million to scale stablecoin payments. TrendPulse AI Analysis This article covers business trends, sourced from Fortune. Its AI system has analyzed the key points and extracted the most relevant insights for decision-makers. Below is the structured breakdown of the original content. Quick summary. * London-based fintech Velocity raised $38 million in a Series A funding round led by Dragonfly to accelerate stablecoin integration for global enterprises. * The startup aims to modernize inefficient cross-border payment infrastructure by providing businesses with a familiar, compliant gateway to on-chain transactions. * New capital will support global expansion into Africa and Latin America, alongside the development of secure asset custody and yield-generating financial products. Key details. Founded in 2025, Velocity is positioning itself as a critical bridge between traditional corporate finance and the rapidly expanding stablecoin ecosystem. The Series A round attracted significant institutional backing, including Coinbase, Capital One Ventures, and Wintermute, signaling strong investor confidence in the shift toward blockchain-based settlement rails. CEO Eric Queathem, a veteran of the payments giant WorldPay, launched the firm to address the systemic inefficiencies he observed in traditional banking infrastructure. While consumer-facing payment apps often appear seamless, the underlying settlement processes for businesses remain slow and costly. Velocity seeks to replace these legacy foreign exchange and banking hurdles with faster, more transparent stablecoin alternatives. What Velocity has built is what Trendpulse think is the easiest, most comprehensive set of solutions for these businesses to come on-chain and to do [so] in a way that's familiar to them. Why this matters. Velocity's funding highlights a broader trend: the transition of stablecoins from niche crypto-assets to essential tools for corporate treasury management. As global firms face pressure to reduce transaction costs and settlement times, the ability to move capital across borders instantly is becoming a competitive necessity rather than a luxury. By focusing on the "familiarity" of the user experience, Velocity is lowering the barrier to entry for non-crypto-native institutions. Furthermore, the entry of major players like Stripe, Visa, and BlackRock into the stablecoin space validates the market's long-term viability. For investors and executives, this signals that the infrastructure layer of the digital asset economy is maturing. Companies that successfully integrate these rails now will likely gain a significant operational advantage over those relying on legacy banking systems that are increasingly unable to keep pace with global trade demands. The bottom line. Velocity is successfully bridging the gap between traditional corporate finance and blockchain technology, positioning stablecoins as the new standard for global cross-border settlement. Original source: Fortune This article has been processed and analyzed by TrendPulse AI for informational purposes. Content may have been summarized or restructured for clarity.

Velocity raises $38M to make stablecoin payments boring enough for big business. The London-based startup wants to help companies that don't even know stablecoins can solve their problems, backed by Dragonfly and a roster of fintech heavyweights. an hour ago Sponsored: Vera - AI-powered prediction market intelligence, built for serious analysts Explore Vera Velocity, a London-based fintech startup building infrastructure to bridge traditional payments and stablecoins, has closed a $38 million Series A funding round. The raise, led in part by crypto venture firm Dragonfly, signals growing investor appetite for the plumbing that connects old-school finance to dollar-pegged digital tokens. The money trail and who's writing the checks. Velocity's fundraising trajectory has been aggressive. The company raised a $10 million pre-seed round in May 2025, led by Activant Capital with strategic participation from Stripe, Worldpay, Visa, Circle, and Google. Within five months of launching, the startup secured an additional $18 million. Now, this $38 million Series A adds another substantial layer of capital to fuel product development and market expansion. The investor list includes Stripe, Worldpay, Visa, Circle, PayPal, and Google. Dragonfly general partner Rob Hadick framed the opportunity in blunt terms. "These are companies that do not understand that they can be using stablecoins to solve their problems. Those are the people we are going for." What Velocity actually builds. The company's flagship product is what it calls a "Stablecoin Payment Account," a platform designed to let enterprises manage capital across banks, blockchains, and borders from a single interface. Founded in 2025 by Tom Greenwood, who previously worked at Volt and IFX, and Eric Queathem, a Worldpay veteran, Velocity benefits from founders who understand both sides of the equation. In May 2026, Velocity announced a partnership with Prove, a digital identity verification company, to strengthen compliance and trust within its stablecoin framework. Why this matters for crypto markets. Dragonfly has identified a potential 10x growth in stablecoin payment adoption. The competitive landscape is also heating up. Velocity isn't alone in this space. Companies like Bridge, which Stripe acquired, and various banking-as-a-service providers are pursuing similar markets. Disclosure: This article was edited by Editorial Team. For more information on how Crypto Briefing create and review content, see its Editorial Policy.