Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more
Velocity, a stablecoin treasury and settlement platform, has raised $38 million in a Series A funding round led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. The startup, founded in 2025, has now raised nearly $50 million since May, according to an announcement…