Velocity Raises $10M From Visa, Circle, and Ripple
UK stablecoin infrastructure startup Velocity has raised $10 million in an extension of its Series A funding round, bringing the total value of the round to $48 million.
UK stablecoin infrastructure startup Velocity has raised $10 million in an extension of its Series A funding round, bringing the total value of the round to $48 million.
Nigeria already moves more stablecoin volume than almost any country outside Asia. Now it’s getting an institutional backer to match the population’s crypto enthusiasm. Ripple has taken a stake in Flutterwave $3.2 billion Series E round, with plans to wire RLUSD and the XRP Ledger directly into the continent’s largest payments network.
Ripple stablecoin RLUSD is now live on OKX for spot trading across more than 280 trading pairs, including XRP/RLUSD, and can be used as margin collateral for derivatives such as perpetual futures in select markets.
XRP is entering a phase that looks like a slow attempt to embed itself into financial infrastructure. Two developments stand out: Ripple preparation for a post-quantum world and measurable adoption in Japan, driven largely by SBI Holdings and its ecosystem.
Several developments across the digital asset sector this week highlight the industry’s continued push toward regulatory engagement, geographic expansion, and infrastructure development. Updates from Ripple, WhiteBIT, and Bitget included in this digest point to growing institutional activity and international crypto market exploration.
The payments giant Mastercard is uniting blockchain networks, crypto exchanges, stablecoin issuers, and traditional banks, including household names like Binance, Circle, PayPal, and Ripple, to bridge on-chain innovation with everyday commerce.
The Business Research Company reports rapid growth driven by fraud prevention and next generation banking technology
Ripple, with a fresh valuation of $40B, says the secured funds will support its expanding enterprise-focused product suite, including cross-border payments, stablecoins, custody services, prime brokerage, and corporate treasury solutions.
Thunes Direct Global Network will leverage Ripple’s blockchain-powered payments solutions to make cross-border payments more accessible and efficient.
Amid the growing interest in integrating traditional financial instruments with blockchain technology, there’s time to demystify tokenised money market funds and their role in finance.
The Ripple blockchain company has launched the process of partnership with the Portuguese currency exchange provider Unicâmbio.
The system offered by Skyfire combines the benefits of AI-powered virtual assistance with autonomous payments on the customer’s behalf.
The Ripple blockchain company has launched a fund in South Korea and Japan.
The blockchain and crypto company Ripple will become the owner of the regulated platform for digital assets Standard Custody & Trust Co.
The SEC previously accused Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse of misleading investors on a $1B XRP sale.
Ripple plans to thwart attempts by the U.S. Securities and Exchange Commission (SEC) to appeal the landmark decision of the crypto court.
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