Velocity, the stablecoin payments platform and treasury management, announced on September 17 that it raised $10 million in an extension round of its Series A led by Visa Ventures, Circle Ventures, Ripple, Haun Ventures, Translink Capital, and Mirana Ventures. This funding follows the company’s $38 million Series A round completed in August and will support its mission to connect issuers, acquirers, payment service providers, financial institutions, and merchants to a dedicated stablecoin infrastructure for settlement, liquidity, and treasury operations.
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