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Stablecoin Infrastructure Provider VelaFi Completes $20 Million Series B Financing, Led by XVC and Ikuyo
Summary: Stablecoin infrastructure provider VelaFi announced the completion of a $20 million Series B financing round, led by XVC and Ikuyo, with participation from Planetree, BAI Capital, and Alibaba Investment under Alibaba. The company has raised a total of $40 million to date. Founded in 2020, VelaFi initially built payment infrastructure in Latin America, expanding its ...
Stablecoin infrastructure provider VelaFi announced the completion of a $20 million Series B financing round, led by XVC and Ikuyo, with participation from Planetree, BAI Capital, and Alibaba Investment under Alibaba. The company has raised a total of $40 million to date. Founded in 2020, VelaFi initially built payment infrastructure in Latin America, expanding its operations to the United States and Asia. Its platform connects local banking systems, cross-border payment networks, and mainstream stablecoin protocols, enabling businesses to transfer funds across markets faster and at lower costs than traditional systems. (CoinDesk)
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Link: Stablecoin Infrastructure Provider VelaFi Completes $20 Million Series B Financing, Led by XVC and Ikuyo [Copy]
