Exchanges· ★★★· bullish·

Velocity extends Series A to $48 million at $200 million valuation

  • —Series A round extended to $48 million
  • —Company valuation is $200 million
  • —Investors include Visa, Circle and Ripple
  • —Velocity is a payment infrastructure company from London
Why it matters: Major payment and crypto companies are investing in stablecoin payment infrastructure, which intensifies competition in the market.
Source: CoinDesk
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