Stablecoin infrastructure service provider VelaFi has announced a major funding milestone. The current Series B round raised $20 million, led jointly by XVC and Ikuyo. With this, VelaFi's total funding has surpassed $40 million. As a provider focused on stablecoin financial infrastructure, VelaFi's ongoing funding also reflects market interest in the development of the stablecoin ecosystem.
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ApeWithNoChain
· 13h ago
The stablecoin track is really about to take off. Several projects I previously liked are securing funding one after another, it feels promising.
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CoffeeNFTs
· 13h ago
Is the stablecoin sector so hot? A $20 million funding round is still Series B... It really seems like there's an opportunity in this area.
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TooScaredToSell
· 13h ago
Stablecoin infrastructure is about to take off again; it seems that capital still has confidence in this sector.
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OnchainGossiper
· 13h ago
Stablecoins have really become hot commodities, with funding never stopping... By the way, how high do you think this round's valuation is? With a financing amount of 40 million, it seems the market is still optimistic.
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SorryRugPulled
· 13h ago
The stablecoin track is so competitive, another 20 million... However, VelaFi's fundraising pace is indeed steady, and the total investment of 40 million seems to indicate there's something substantial.
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BlockchainDecoder
· 13h ago
According to research, the funding enthusiasm for stablecoin infrastructure indeed reflects the market's structural demand. However, it is worth noting that the accumulated funding of $40 million still falls short compared to traditional financial infrastructure players. Where are the technological moats?
From a technical perspective, the core value chain of stablecoins mainly includes three links: clearing mechanisms, risk management, and cross-chain interoperability. Where does VelaFi have breakthrough innovations? Merely piling up funding amounts has limited significance.
Citing data from research related to Stablecoins 2.0, over 90% of failed projects died due to liquidity fragmentation issues. Funding does not equal ecosystem anchoring.
That said, the combined lead investment in XVC and Ikuyo is somewhat interesting—can their investment logic explain anything? Or is it just riding the trend?
Stablecoin infrastructure service provider VelaFi has announced a major funding milestone. The current Series B round raised $20 million, led jointly by XVC and Ikuyo. With this, VelaFi's total funding has surpassed $40 million. As a provider focused on stablecoin financial infrastructure, VelaFi's ongoing funding also reflects market interest in the development of the stablecoin ecosystem.