UNITED KINGDOM; UNITED STATES OF AMERICA —Enterprise treasury infrastructure provider Velocity has raised an additional USD 10 million in capital to extend its Series A funding round, bringing the total raised in the series to USD 48 million. The strategic extension included participation from prominent payment institutions and digital asset investors, including Visa Ventures, Circle Ventures, Ripple, Haun Ventures, Translink Capital, and Mirana Ventures. Founded by former payments executive Eric Queathem, Velocity develops software that integrates stablecoin settlement systems into existing corporate treasury and ERP software, enabling institutions to execute continuous global money movement without direct cryptocurrency operations management.
The investment reflects growing demand among financial institutions and corporate treasurers for continuous 24/7 liquidity and instantaneous cross-border settlement. Traditional payment rails remain constrained by banking business hours and weekend settlement delays, requiring multinational enterprises to maintain substantial idle prefunded capital across global accounts. By embedding regulated stablecoin rails directly into mainstream corporate workflows, financial operating models can shift toward real-time cash management while drastically reducing foreign exchange friction and operational overhead.
Strategic backing from established global card networks and primary stablecoin issuers positions digital asset infrastructure at the center of institutional payments modernization. Participation from Asia-focused corporate venture channels further highlights the global demand for cross-border liquidity solutions across high-volume trade corridors. Enterprise adoption of stablecoins relies heavily on abstraction layers that eliminate technical complexities like direct wallet management, cross-chain bridge maintenance, and fragmented on-ramp liquidity.
As regulatory frameworks for fiat-backed digital currencies mature globally, corporate finance divisions are prioritizing interoperability between legacy banking stacks and blockchain infrastructure. Financial technology platforms bridging these networks are expected to capture significant transaction volumes by unlocking capital trapped in traditional clearing cycles, accelerating the transition of enterprise liquidity management toward real-time multi-asset networks.
