Velocity Raises $38 Million to Scale Stablecoin Treasury Infrastructure
London-based Velocity has raised $38 million in a Series A funding round for enterprise stablecoin services. The round was co-led by Dragonfly and FirstMark with participation from several strategic institutional investors.
Activants Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple took part in the investment round, bringing its total financing to nearly $50 million since launching in 2025.
The funding will support rising enterprise demand for stablecoin infrastructure and treasury management solutions worldwide. Founded by Eric Queathem, Velocity provides treasury technology using regulated stablecoins for business financial operations.
Its platform enables businesses to hold, transfer, and settle funds through regulated stablecoin payment infrastructure. Finance teams benefit from faster settlements, improved liquidity management, and lower cross-border transaction costs efficiently.
Stablecoins Move Beyond Crypto Payments
Digital coins began popping into public discourse as a quicker way to send digital money. These days companies are leveraging stablecoins to shorten settlement time, unlock working capital sitting doing nothing and simplify how they manage their cash cross-border.
Stability is Velocity’s business and it leverages stablecoins to provide local payment systems, compliance services, custody facilities, liquidity and payment orchestration. This allows companies to benefit from blockchain-based payments.
The company has focused on solving treasury challenges faced by chief financial officers rather than targeting crypto-native users. He believes stablecoins are becoming a core layer of modern financial infrastructure rather than simply another payment option.
Enterprise Demand Drives Investor Confidence
Velocity bridges traditional finance and blockchain, enabling enterprises to adopt stablecoins within existing treasury workflows. Source: Created by Ventureburn
The funding round attracted investors from both traditional finance and digital assets. Dragonfly believes Velocity has developed a platform capable of connecting conventional banking systems with blockchain networks in a practical way for global enterprises.
FirstMark also backed the company, highlighting stablecoins as a technology capable of reshaping global money movement. Investors see strong potential for platforms that simplify stablecoin adoption without requiring businesses to redesign existing financial operations.
QED Investors added that successful financial infrastructure typically integrates into established treasury workflows. The firm believes stablecoin adoption will accelerate when finance teams can access faster settlement and improved liquidity through familiar enterprise systems.
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Expansion Targets Global Treasury Operations
Velocity intends to use the new funding to strengthen its international presence, by expanding banking partnerships and payment connectivity. The company is expected to pursue additional regulatory licences to support operations across new regions.
Future development will focus on improving custody infrastructure and introducing yield-bearing stablecoin products. This is being designed to increase the agility of business operations without sacrificing regulatory compliance and performance.
The rationale behind the expansion of stablecoin infrastructure comes from increased global desire to shorten international payment cycles and increase cash flow control among multinational firms, moving beyond legacy payment and settlement rails.
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