https://blockchaining.org/tags/dragonfly/ Recent content in Dragonfly on Blockchaining.org Hugo en-us Wed, 15 Jul 2026 00:00:00 +0000 https://blockchaining.org/velocity-raises-38m-series-a-for-stablecoin-treasury-and-settlement-platform-backed-by-dragonfly-firstmark-coinbase-and-ripple/ Wed, 15 Jul 2026 00:00:00 +0000 https://blockchaining.org/velocity-raises-38m-series-a-for-stablecoin-treasury-and-settlement-platform-backed-by-dragonfly-firstmark-coinbase-and-ripple/ <p>Velocity, a stablecoin treasury and settlement platform, has raised $38 million in a Series A funding round co-led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple. The round brings the company&rsquo;s total funding to roughly $50 million, all raised since it emerged from stealth last year with a $10 million pre-seed led by Activant Capital. For a startup founded only in 2025, assembling a cap table that spans crypto-native funds, a traditional bank&rsquo;s venture arm, and two of the largest names in the stablecoin ecosystem is itself a signal of how quickly enterprise stablecoin infrastructure has moved from speculative bet to contested land grab.</p>