VelaFi Advances into Asia: Raises $20 Million in Series B Investment

VelaFi, the financial infrastructure platform specializing in stablecoins under Galactic Holdings, has completed a Series B funding round that will enable it to accelerate its global expansion. The company raised $20 million in this round, led by XVC and Ikuyo, bringing its total accumulated funding to over $40 million. The round also included participation from renowned investors such as Alibaba Investment, Planetree, and BAI Capital, reflecting the growing institutional interest in blockchain-based payment solutions.

This capital will be strategically directed toward expansion in the United States and Asia, key markets where demand for more agile and efficient payment infrastructure is increasing. “We are developing the next generation of global payment infrastructure, one that is instant, transparent, and prioritizes regulatory compliance,” said Maggie Wu, CEO and co-founder of VelaFi.

A Global Investment Projecting Growth into New Territories

Since its founding in 2020, VelaFi has made steady progress in expansion. Initially focused on providing payment solutions for Latin America, the company has extended its reach to the United States and now sets its sights on Asia, where it sees significant market penetration opportunities. This trajectory demonstrates how the company has identified geographies where the limitations of traditional banking systems generate the highest demand for innovative alternatives.

VelaFi’s strategy is based on connecting local banking networks, cross-border payment channels, and leading stablecoin protocols into a single platform. This integration model allows companies to transfer funds between markets much faster and more cost-effectively compared to legacy financial infrastructure.

Technical Capabilities Supporting Complex Operations

The platform offers a comprehensive suite of financial services: inbound and outbound liquidity management, optimized cross-border payments, multi-currency accounts, currency conversion tools, and advanced asset management services. These services are available through direct platform integration or via APIs, providing operational flexibility according to each corporate client’s needs.

Stablecoins have emerged as fundamental tools in the global payment ecosystem. Unlike volatile cryptocurrencies, these tokens maintain a stable value and enable settlements within minutes rather than days, making them ideal for commercial operations and treasury management. Although originally confined to the crypto trading sphere, their use has expanded significantly among companies for international transfers, especially in regions where traditional banking infrastructure is slow or costly.

The Paradigm Shift: From Legacy Systems to Blockchain

The rise of stablecoins as a corporate payment solution represents a fundamental change in how global finance is being reorganized. Regulators and financial institutions have begun to recognize the potential of these technologies as bridges between the traditional financial system and decentralized clearing networks. This recognition has created a more favorable environment for platforms like VelaFi that facilitate these transitions.

Industry estimates suggest that annual stablecoin transaction volumes reach tens of trillions of dollars, reflecting the magnitude of the market being transformed. VelaFi has demonstrated its ability to capture this opportunity, having processed billions of dollars in transaction volume and serving hundreds of corporate clients.

Market Outlook: Opportunities in Emerging Markets Toward Asia

VelaFi’s vision aligns with a broader trend: as global finance moves away from fragmented and slow networks, corporate demand for interoperable and fast-settling infrastructure will continue to accelerate. Emerging markets in Asia represent a particularly fertile territory for this growth, where the limitations of legacy banking systems are more pronounced.

This investment round positions VelaFi not only as a payment service provider but as an architect of the future financial infrastructure—one that operates seamlessly into new markets and technologies. The combination of fresh capital, backing from world-class institutional investors, and a business model focused on solving real frictions in the global financial system suggests that the company has the potential to significantly transform how international companies manage their treasury operations.