What does Velocity do?
Velocity provides a secure and compliant platform that unifies fiat and digital asset treasury management. The platform enables real-time cross-border settlements, intelligent FX routing, and integrated compliance for both on-chain and off-chain transactions.
How much did they raise?
The company secured $10M in a Pre-Seed round led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, and Preface Ventures.
What are their plans for the money?
With the new funding, Velocity plans to expand its operations and development efforts, aiming to further revolutionize cross-border financial transactions and optimize treasury management on a global scale.
What have they achieved so far?
Velocity has already demonstrated significant progress by successfully integrating fiat and digital asset management into a unified platform, reducing delays and inefficiencies in cross-border settlements.
