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Velocity raises $38M to move business money with stablecoins

Velocity raises $38M to move business money with stablecoins
AI Summary

London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds treasury and settlement infrastructure for companies that want to use stablecoins, the dollar-pegged tokens now spreading across […] This story continues at The Next Web

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