VelaFi Raises $20M Series B to Scale Global Stablecoin Infrastructure

VelaFi, a subsidiary of Galactic Holdings, has successfully closed a $20 million Series B funding round to accelerate the expansion of its stablecoin-powered financial infrastructure. The financing was co-led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, and existing shareholder BAI Capital. This latest injection of capital brings the total funding for the platform to over $40 million as it eyes a larger global footprint.

Operating as a specialized infrastructure provider, VelaFi bridges the gap between traditional banking systems and stablecoin protocols for enterprise clients. The platform offers a comprehensive suite of services including fiat on and off ramps, cross-border pay-outs, and multi-currency treasury management. By leveraging blockchain technology, the company addresses common corporate pain points such as high transaction fees and multi-day settlement delays in underserved markets.

While VelaFi originally built its reputation within Latin America, these new funds are specifically earmarked for aggressive expansion into the United States and Asia. These regions anchor a significant portion of global trade flows, yet they often rely on fragmented financial systems. The company plans to deepen its connectivity across these corridors by integrating with local banking rails and strengthening its international regulatory licensing.

A core component of the expansion strategy involves the modernization of industrial trade finance, particularly between Asia and Latin America. Through a partnership with lead investor Ikuyo, a Japanese automotive manufacturer, VelaFi is co-organizing a Stablecoin Settlement Association. This initiative aims to replace slow correspondent banking methods with instant, compliant settlement layers for manufacturers and global trade networks.

VelaFi also intends to use the capital to enhance its technical offerings, focusing on API integrations that allow non-crypto native businesses to access stablecoin efficiency. CEO Maggie Wu noted that the investment will help build a transparent, regulatory-first settlement layer that traditional infrastructure has failed to provide. To date, the platform has already supported hundreds of enterprise clients and processed billions of dollars in payment volume. Learn more at www.velafi.com.