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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.

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Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple — Crypto Insight