This Monday, VelaFi announced the closing of a $20 million Series B funding round. The operation, led by XVC and Ikuyo with participation from Alibaba Investment, brings the firm’s total capital to $40 million. Maggie Wu, CEO of the company, stated that these funds will accelerate the expansion of its stablecoin payments platform from its bases in Latin America toward strategic markets in the United States and Asia.
This investment reinforces the role of digital assets as a real alternative to the traditional SWIFT system. VelaFi connects local banking rails with stablecoin protocols, allowing companies to settle cross-border transactions in minutes and at reduced costs. By processing billions of dollars, the firm demonstrates that stablecoin payments have evolved from a speculative tool into a high-level corporate liquidity and treasury solution.
From now on, VelaFi’s ability to interoperate in regions with strict regulations will be under close scrutiny. With global transaction volumes in the sector reaching trillions of dollars, the company’s success will depend on its capacity to act as a bridge between legacy finance and new blockchain settlement systems. The focus is now on its integration with Asian banks and the development of its APIs for large-scale corporate clients.
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