Velo Labs combines Web 3.0 products with a compliance-friendly approach to create a "Web3+" financial ecosystem intended to onboard current global economic activities to the blockchain. Its core products referenced in the article include the multi-assets trading platform Universe and an upcoming crypto payment super-app called Orbit. The company aims to enhance global asset movement, increase financial inclusion, and supercharge the velocity of money worldwide. Velo Labs plans to expand its ecosystem, develop innovative core products and auxiliary services, and grow its VStablecions. The company raised $10 million to support these plans and to connect businesses and individuals with a global pool of funds. DWF Labs is cited as a long-term financial partner in the effort to scale the ecosystem.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023