VelaFi has secured 20 million dollars in Series B funding as it looks to accelerate the global expansion of its stablecoin based payments and treasury infrastructure. The round was led by venture firms XVC and Ikuyo, with participation from a group of international investors, lifting the company’s total funding to more than 40 million dollars. The raise highlights growing investor interest in firms building practical blockchain payment systems rather than consumer trading platforms. VelaFi operates at the infrastructure layer, providing enterprises with tools to move money across borders using stablecoins while connecting to local banking rails. The company said the new capital will be directed toward expanding regulatory licenses, strengthening banking partnerships, and scaling operations across the United States and Asia. The funding comes as enterprises increasingly explore alternatives to traditional correspondent banking, which remains costly and slow in many regions.
Founded in 2020, VelaFi initially focused on building payment rails across Latin America before extending its footprint into North America and Asia. Its platform enables businesses to manage cross border payments, treasury operations, and liquidity using stablecoins while maintaining access to local fiat systems. Services include on and off ramps, pay ins and pay outs, multi currency accounts, foreign exchange tools, and asset management features delivered through direct interfaces or application programming connections. By combining blockchain settlement with conventional financial infrastructure, the company aims to reduce friction for enterprises operating across multiple jurisdictions. Demand for these services has grown as companies seek faster settlement times and more predictable costs than those offered by legacy banking systems. VelaFi said it has already processed billions of dollars in transaction volume for hundreds of enterprise clients.
The funding round reflects a broader shift in how stablecoins are being positioned within global finance. Once used primarily for crypto trading, stablecoins are increasingly adopted for commercial payments, treasury management, and cross border settlement, particularly in regions where banking access is fragmented or expensive. Regulators and financial institutions are paying closer attention as volumes scale, pushing infrastructure providers to emphasize compliance and transparency. VelaFi has positioned itself as a regulatory focused platform designed to work within existing financial frameworks while leveraging blockchain efficiency. The company said expanding into the United States and Asia is a priority as enterprise demand rises for interoperable payment systems that can operate across markets without the delays of traditional rails. The latest investment underscores confidence that stablecoin based infrastructure will play a growing role in global payments.
