Velocity raises $38M to build stablecoin treasury infrastructure for enterprises

60-second summary

Velocity is raising $38 million to build stablecoin treasury infrastructure for enterprises, backed by prominent investors Dragonfly, FirstMark, and Coinbase Ventures. The startup is expanding its software to help businesses integrate stablecoins into treasury and payment workflows, enabling seamless and secure transactions. This development is expected to accelerate adoption of stablecoins in corporate finance.