VelaFi completes $20 million Series B funding, jointly led by XVC and Ikuyo

GateUser-6433627c · 2026-01-12T13:06:39+00:00

VelaFi completes $20 million Series B funding, with total funding exceeding $40 million. The company focuses on stablecoin financial infrastructure and has expanded into the US and Asian markets, offering services such as cross-border payments and multi-currency accounts.

GateUser-6433627c

2026-01-12 13:06:39

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On January 12, according to Coindesk, stablecoin financial infrastructure provider VelaFi completed a $20 million Series B funding round, led jointly by XVC and Ikuyo. Alibaba Investment, Planetree, BAI Capital, and other global investment institutions also participated in this round, bringing the company’s total funding to over $40 million. Founded in 2020, VelaFi initially built payment infrastructure in Latin America and has now expanded its business to the US and Asian markets. The platform integrates local banking channels, cross-border payment networks, and mainstream stablecoin protocols, enabling enterprises to facilitate cross-market fund flows more quickly and at lower costs than traditional systems. The company offers fiat and cryptocurrency on-ramps and off-ramps, payment solutions, cross-border payments, multi-currency accounts, foreign exchange tools, and asset management services, supporting integration via direct platform or API interface.

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