Velocity, a stablecoin treasury and settlement platform, has raised $38 million in a Series A funding round led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. The startup, founded in 2025, has now raised nearly $50 million since May, according to an announcement on Tuesday. Velocity is among a number of companies looking to enable enterprises, payment providers, and financial institutio...