Velocity

Founder & CEO @ https://t.co/VvjTolrm1e

Velocity is a London-based stablecoin treasury and settlement platform built for enterprises, payment providers, fintechs, and financial institutions that want to modernise how they move and hold money across borders. The platform combines stablecoin infrastructure with local banking rails, compliance, custody, liquidity management, and settlement orchestration, so treasury teams can reduce settlement times, eliminate prefunding requirements, and move capital more efficiently without ripping out their existing operations. This launch marks Velocity's $38 million Series A, led by Dragonfly and FirstMark, with other investors including Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. Velocity states that it has now raised "nearly $50 million" since coming to market in May 2025 , and the round brings together backers from digital assets, enterprise software, payments, and traditional finance, a mix that reflects who the product is aimed at. Velocity was founded in 2025 by CEO Eric Queathem , and the company has been explicit that it targets Chief Financial Officers and treasury teams rather than crypto-native users . The timing matters because stablecoin rails are moving from speculative use into corporate back-office plumbing, and Velocity is positioning itself as the connective layer that lets a global CFO route payments over bank rails or blockchain networks without changing how the finance function actually works.

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