💰 Velocity extends its Series A to $48M (adding $10M) at a $200M post-money valuation.

The extension was backed by Visa, Circle, and Ripple, joining Haun Ventures, Translink Capital, and Mirana Ventures. This follows the original $38M Series A (co-led by Dragonfly and FirstMark) announced in July.

Velocity is a London-based stablecoin infrastructure platform that lets payment companies and banks use stablecoins for settlement, liquidity, and treasury operations without replacing their existing core systems - targeting the "back-end layer" of global payments rails.

👉 coindesk.com/business/2026/09/10/velocity-extends-series-a-to-usd48m-at-usd200m-valuation-with-backing-from-visa-circle-and-ripple

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