Velocity reportedly raises $10M from Ripple, Circle and Visa
CoinDesk reports the stablecoin payments startup extended its Series A to $48 million at a $200 million valuation.
TLDR
CoinDesk reports that Velocity raised $10 million from Ripple, Circle and Visa, extending its Series A to $48 million at a $200 million valuation. The outlet describes the investment as backing for infrastructure connecting stablecoins to existing payment rails.
Combined views
82.5K
3 Sources, first seen ago
765 likes38 comments52 saves159 reposts