Stablecoin treasury platform Velocity has secured a $38 million Series A funding round, bringing its total raised to nearly $50 million since its founding in 2025. The round was co-led by FirstMark and Dragonfly, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple.
Velocity aims to modernize corporate treasury operations by combining stablecoin infrastructure with traditional banking, compliance, custody, and settlement systems. Its platform caters to CFOs, corporate treasurers, payment providers, and financial institutions seeking faster cross-border settlement and improved liquidity management without overhauling existing workflows.
The company plans to use the fresh capital to expand its banking and payments network, develop new products, and strengthen global regulatory capabilities. The funding comes amid accelerating institutional interest in stablecoins, with B2B transactions accounting for an estimated $226 billion of the $390 billion in annualized real-world stablecoin payments processed in 2025, according to McKinsey and Artemis Analytics.
Eric Queathem, founder and CEO of Velocity, emphasized that businesses demand faster, more efficient settlement, and the platform delivers by bridging stablecoins with banking rails. Gbenga Ajayi, Partner at QED Investors, noted that stablecoins only win when integrated into existing business operations—a bridge Velocity has successfully built.
