Stablecoin Startup Velocity Secures $10 Million Additional Funding

London-based stablecoin payment infrastructure startup Velocity has secured an additional $10 million in funding from Visa, Circle, and Ripple, according to CoinDesk. This brings the total Series A investment to $48 million, with the company now valued at $200 million following the latest round. Velocity provides infrastructure that allows banks and payment providers to integrate stablecoins into settlement and treasury management while maintaining their existing systems.