Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more

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The Block Jul 14, 2026

Stablecoin treasury platform Velocity raised $38 million in a Series A round led by Dragonfly and FirstMark to modernize corporate payment systems.

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Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more