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[Composite image: DI Studio; Sources: inkoly\/ 1xpert\/ istockphoto]<\/p>\n
VelaFi\u2014a stablecoin-powered financial infrastructure platform that launched in July out of metro Dallas and Mexico City\u2014has completed its $20 million Series B financing round. The round was led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. <\/p>\n
The round brings VelaFi\u2019s total funding to over $40 million, the platform said. VelaFi launched on July 1 as a rebranded evolution of TruBit Business, the B2B unit of Galactic Holdings. Galactic is the parent company of the global crypto platform TruBit, which has a strong presence in Latin America and a growing reach in the U.S. and Asia. TruBit\u2019s broader operations were launched in 2020.<\/p>\n
VelaFi says it has over 500 institutional global clients and a validated infrastructure, and positions itself as a mature platform built to operate \u201cacross complex and fragmented financial environments.\u201d The company said it currently has active operations in Latin America, the U.S., Hong Kong, and Singapore.<\/p>\n
The platform said it connects local banking rails, global transfers, and major stablecoin networks to enable \u201cfast, compliant, and cost-efficient global money movement.\u201d<\/p>\n
Has processed \u2018billions of dollars\u2019 in payment volume<\/p>\n
VelaFi said its platform provides enterprise-grade financial infrastructure, including on\/off ramps, pay-ins and pay-outs, cross-border payments, and support for multi-currency operations, FX workflows, and secure asset management. These services are accessible either directly through Velafi\u2019s platform or via API integrations.<\/p>\n
To date, VelaFi says its has supported hundreds of enterprise clients and processed \u201cbillions of dollars in payment volume,\u201d and is currently seeing \u201caccelerating demand\u201d across its service regions.<\/p>\n
Maggie Wu, VelaFi\u2019s co-founder and CEO, said the $20 million Series B raise \u201caccelerates our global expansion from Latin America into the United States and Asia. These three regions collectively anchor a significant share of the world\u2019s trade flows, capital movement, and enterprise activity.\u201d<\/p>\n
\u201cWe\u2019re building the next generation of global payment infrastructure, one that is instant, transparent, and regulatory-first,\u201d she added in a statement. \u201cBy strengthening our licensing footprint and deepening our connectivity across these critical economic corridors, we aim to build the unified settlement layer that modern global businesses urgently need but that traditional financial infrastructure has not been able to provide.\u201d<\/p>\n
VelaFi noted that global payment flows exceed $150 trillion each year, while stablecoins now support an estimated $25 trillion to $30 trillion in annual settlement volume across cross-border enterprises, global e-commerce, trade networks, and institutional financial flows.<\/p>\n
VelaFi said it aims to help power the shift in global finance toward faster, more transparent, and more interoperable systems by delivering \u201ccompliant, scalable, and enterprise-grade stablecoin infrastructure that supports the future of global business.\u201d<\/p>\n
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\tR E A D\u00a0\u00a0 N E X T\t<\/p>\n
\t Join experts for The Compliance Conundrum, a panel and networking event hosted by UT Dallas\u2019 Cyber Security Research and Education Institute in partnership with Comcast Business, Rapid7, NBC 5, and Telemundo 39. Space is limited, and registration closes Oct. 3.<\/p>\n \t The Dallas Regional Chamber’s AI Office Hours provide a new way for small businesses to leverage this technology, no matter what their level of expertise.<\/p>\n \t Little Elm’s Sachchit Balamurugan, an incoming senior at TOPS, flew to Japan Friday to present his ACC cancer detection app at the International Young Researchers\u2019 Conference. He’s also won first place at a BPA national mobile app competition, won an award at the NASA Space App Challenge, started a nonprofit called Youth Opportunities in Tech Innovation\u2014and done lots, lots more.<\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2025\/10\/DI_Cyber-event-utd-gif-0ct-2025-970x464.gif\")
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