thirty-eight million-dollar A round of financing, Dragonfly

The London-based stabilization currency payment infrastructure company, Velocity, announced the completion of the $38 million A round of financing, which was sponsored by the encrypted investment agency Dragonfly and involved institutions such as Coinbase, Capital One Ventures and Wintermute. Velocity CEO Eric Queathem did not disclose the latest financing valuation. Founded in 2025, Velocity focuses on providing stable currency payment solutions for businesses, payment service providers, financial technology companies and financial institutions, helping them to optimize cross-border payment, fund settlement and fund management processes using dollar-linked tokens。