VelaFi has raised $20 million in a Series B round to expand its stablecoin-based payment infrastructure across Latin America, the United States and Asia.
Key Takeaways
- VelaFi secured $20 million in Series B funding, bringing its total funding to over $40 million.
- The company will use the capital to expand licensing and stablecoin payment services across the US, Asia and Latin America.
- VelaFi connects local banks, global payment rails and stablecoin protocols to deliver faster, compliant cross-border settlement solutions.
- Enterprise demand for stablecoin-based infrastructure is rising, as businesses seek faster and more transparent global payment systems.
What Happened?
VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, has raised $20 million in a Series B funding round. The company plans to use the funds to scale its platform globally, focusing on regulatory expansion and technical development in the United States, Asia and Latin America. The funding round was led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, BAI Capital and other international investors.
🔥 VelaFi raises US$20M Series B
— VelaFi_global (@Velafi_global) January 12, 2026
Led by 𝗫𝗩𝗖 & 𝗜𝗸𝘂𝘆𝗼, with participation from 𝗔𝗹𝗶𝗯𝗮𝗯𝗮 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁, 𝗣𝗹𝗮𝗻𝗲𝘁𝗿𝗲𝗲, 𝗕𝗔𝗜 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 + global partners.
Total funding now US$40M to expand compliant, instant, stablecoin-powered payment rails. pic.twitter.com/ZCXCJ6wqNh
Expanding Cross-Border Payment Solutions
Founded in 2020, VelaFi began its operations in Latin America before broadening its reach to major economic hubs in the United States and Asia. The platform supports enterprises by integrating local banking systems with cross-border payment rails and stablecoin protocols. Its infrastructure helps businesses move funds more efficiently across borders, bypassing the slow and fragmented traditional banking systems.
VelaFi’s services include:
- On and off ramps for fiat and digital assets
- Cross-border pay-ins and pay-outs
- Multi-currency account support
- Foreign exchange (FX) tools and workflows
- Enterprise-grade APIs for seamless platform integration
These features enable businesses to settle transactions quickly, improve liquidity access, and manage treasury operations more efficiently across various currencies and markets.
A Strategic Bet on Stablecoin Growth
Stablecoins, digital tokens pegged to fiat currencies, have become key tools for international payments. Originally popular among crypto traders, their use is rapidly expanding into enterprise finance for cross-border settlements and liquidity management. According to industry estimates, stablecoins now support $25 to $30 trillion in annual settlement volumes, highlighting their growing role in global commerce.
Maggie Wu, CEO and Co-Founder of VelaFi, emphasized the platform’s global ambitions, saying:
She added that the funding will help the company strengthen its licensing footprint and deepen its infrastructure across key global corridors.
LatAm Market Shows Strong Adoption
While VelaFi serves enterprise clients, the broader Latin American region has seen widespread stablecoin adoption at the retail level, driven by persistent inflation and the need for remittance services. According to Chainalysis data, stablecoin transactions accounted for more than half of all crypto activity involving the Colombian peso, Argentine peso and Brazilian real from mid-2024 to mid-2025.
Brazil’s Central Bank President Gabriel Galipolo noted earlier in 2025 that around 90% of the country’s crypto transactions are tied to dollar-pegged stablecoins. However, regulators remain cautious. Mexico’s central bank has recently flagged financial stability risks, citing the rapid growth of stablecoins and gaps in oversight frameworks.
VelaFi’s entrance into Japan, along with its involvement in the Stablecoin Settlement Association, signals a broader push to shape regulatory frameworks and upgrade trade finance infrastructure in Asia as well.
CoinLaw’s Takeaway
I find this move by VelaFi incredibly smart. The company’s focus on real-world enterprise problems like slow settlements and fragmented banking rails gives it a serious edge. In my experience, most crypto projects talk about disruption, but VelaFi is actually integrating with traditional finance to solve real business challenges. Their expansion into regulated markets shows maturity, and the demand for compliant, stablecoin-based infrastructure is only going to grow from here. I’m watching this company closely.