VelaFi has secured 20 million dollars in Series B funding as it looks to expand its stablecoin based payments and treasury infrastructure beyond its Latin American roots. The round was led by XVC and Ikuyo with participation from a group of global investors, pushing the company’s total funding past the 40 million dollar mark. The raise reflects growing investor interest in firms building the operational backbone for stablecoin settlement as demand accelerates from enterprises seeking faster and cheaper cross border payments. VelaFi operates under Galactic Holdings and focuses on connecting local banking systems with blockchain based payment rails, allowing businesses to move funds across regions with fewer intermediaries. As global companies face rising friction from fragmented legacy systems, infrastructure providers like VelaFi are positioning themselves as neutral layers that bridge traditional finance and onchain settlement.
Founded in 2020, the company initially concentrated on Latin America, where slow banking processes and currency volatility made stablecoins an attractive alternative for payments and treasury operations. Since then, VelaFi has expanded into the United States and Asia, offering services that include on and off ramps, cross border payments, multi currency accounts, foreign exchange tools, and asset management delivered through both direct platforms and APIs. The latest funding will be used to deepen licensing coverage, strengthen banking connectivity, and scale operations in key markets where regulatory clarity is improving. Stablecoins have increasingly moved beyond crypto trading into real economy use cases, particularly for enterprises managing international cash flows. That shift has made compliance focused infrastructure a priority, favoring firms that can integrate blockchain efficiency with regulatory and banking requirements.
The round also highlights a broader structural trend in digital finance, where stablecoins are being treated less as speculative instruments and more as programmable settlement assets. Enterprises are adopting them for treasury management, liquidity optimization, and cross border settlement as global commerce demands faster and more interoperable payment systems. Industry estimates suggest stablecoin transaction volumes now reach into the tens of trillions of dollars annually, underscoring their growing role in financial plumbing. VelaFi said it has already served hundreds of enterprise clients and processed billions of dollars in transaction volume, betting that demand will continue to rise as businesses reassess reliance on slower legacy rails. The company’s expansion plans signal confidence that stablecoins will remain central to the next phase of global payments infrastructure.
