Ripple Invests $10M in Velocity's $48M Funding Round

Ripple has invested $10 million in Velocity's funding round of $48 million, valuing the fintech at around $200 million. This move supports Ripple's broader strategy to expand its stablecoin and payment infrastructure presence.

Velocity develops technology that connects traditional finance with stablecoin payment systems, enabling faster and more efficient settlements, including outside banking hours.

The investment highlights growing institutional interest in integrating blockchain-based settlement solutions with mainstream financial networks.