Live news
Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
Published Source: CoinDeskRead original
Crypto Insight Summary: The investment brings Velocity's Series A round to $48 million and values the London-based payments infrastructure firm at $200 million, CEO Eric Queathem said. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Investment in payments firm has minimal direct impact on crypto markets.