VelaFi, a stablecoin-focused financial infrastructure provider under Galactic Holdings, has secured $20 million in a Series B funding round. The investment was led by XVC and Ikuyo, with significant participation from Alibaba Investment, Planetree, and existing investor BAI Capital. This latest injection of capital brings the company’s total funding to more than $40 million as it seeks to scale its blockchain-based payment network across global markets.
Since its founding in 2020, VelaFi has transitioned from building payment infrastructure in Latin America to establishing a presence in the United States and Asia. The company’s platform is designed to bypass the friction of traditional banking by connecting local rails with major stablecoin protocols. By leveraging digital tokens to settle transactions in minutes rather than days, VelaFi provides enterprise clients with a suite of tools for cross-border payments, multi-currency accounts, and treasury management delivered through direct platforms or APIs.
The funding comes at a time when stablecoins are moving beyond crypto trading and into mainstream corporate finance. Once viewed as niche assets, stablecoins are now being used by hundreds of enterprises to manage liquidity and settle transactions in regions where legacy banking systems are slow or prohibitively expensive. Maggie Wu, CEO and co-founder of VelaFi, noted that the investment will accelerate the company’s efforts to build a “regulatory-first” global infrastructure that addresses the growing demand for faster, more transparent money movement.
VelaFi’s expansion strategy is backed by significant transaction volume, with the firm reporting billions of dollars processed for enterprise clients to date. As global finance increasingly shifts toward interoperable settlement systems, the company is positioning itself as a primary bridge between traditional finance and blockchain technology. With annual stablecoin settlement volumes now estimated in the tens of trillions of dollars, VelaFi intends to use its new capital to deepen its licensing footprint and connectivity across critical trade corridors in the U.S. and Asia.
