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"Web3+" fintech company Velo Labs secures $10 million in funding, led by DWF Labs.

2023-06-26 09:30
Odaily News: Financial technology company Velo Labs announced that it has raised $10 million in funding, with DWF Labs leading the investment.

Velo Labs primarily utilizes blockchain technology to create a compliant financial ecosystem. The funding will be used to develop its "Web3+" financial ecosystem and promote the trustless, permissionless, borderless, and limitless flow of assets globally.

Velo Labs' products and services include multi-asset trading on Universe and the upcoming launch of the encrypted payment super app, Orbit.