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Velo Labs - Strategic
Overview
Funding Date
September 18, 2024
Financing amount
--
Valuation
--
Category
About Velo Labs - Strategic
Velo Labs has secured a second strategic investment from UOB Venture Management (UOBVM), the private equity and venture capital subsidiary of United Overseas Bank (UOB). This continued investment signals UOBVM's firm belief in Velo Labs' transformative potential within the financial ecosystem, especially as Velo Labs recently integrated BlackRock's tokenized short-term Treasury Fund (BUIDL), facilitated through Securitize's bond-backed instruments, into its ecosystem. Together, these developments reinforce Velo's leadership in revolutionizing blockchain-powered financial solutions with their cutting-edge "Web3+" technology.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | Unknown | 1935 | 5 | -- |
Founders & Team
Chatchaval Jiaravanon
Company Profile / Project Introduction
Velo Labs is a financial technology company using blockchain technology to create a compliance-first financial ecosystem through products and services such as Universe. With scalable and interoperable solutions, Velo Labs aims to enhance global asset movement and financial inclusion while driving mainstream adoption of digital assets.