VelaFi raises $20 million in Series B funding to expand global stablecoin infrastructure. The expansion focuses on Latin America, the United States, and Asia.

VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, has raised $20 million in a Series B round to scale its global stablecoin and payments infrastructure across Latin America, the United States, and Asia. The round, announced from Dallas and Mexico City, was led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors, bringing VelaFi’s total funding to over $40 million. VelaFi builds enterprise payment and treasury infrastructure using stablecoins, connecting local banking networks, global payment rails, and major stablecoin protocols through a single platform. Its services support cross-border payments, multi-currency operations, FX workflows, and asset management via direct access and APIs, targeting complex and underserved markets such as much of Latin America. The new capital will be used to accelerate international expansion, strengthen its licensing and regulatory footprint, and deepen connectivity across key economic corridors linking Latin America with the U.S. and Asia, positioning VelaFi as a middleware layer between traditional banking infrastructure and on-chain stablecoin liquidity. This move reflects the broader trend of using stablecoins to reduce frictions in cross-border payments and corporate treasury, especially in regions with volatile local currencies or underdeveloped payments systems. Founded in 2020 by Maggie Wu, VelaFi operates through regulated entities in its target regions and is part of the broader Galactic Holdings group, which focuses on digital asset-based financial services. By partnering with both global investors and regional institutions, VelaFi aims to standardize how businesses integrate stablecoins into their payment flows and treasury operations, potentially increasing competition with traditional correspondent banking and legacy cross-border payment providers in emerging markets.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• VelaFi raises $20M Series B - LatamList (latamlist.com)
• VelaFi Raises $20 Million To Expand Global Stablecoin Infrastructure (ventureburn.com)
• @Velafi_global raises $20M in Series B funding round #VelaFi ... (x.com)
• VelaFi Blog (blog.velafi.com)

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