Velo
VELO
Categories:
Payments
Velo is a blockchain-based, compliance-focused global settlement network that provides fast, secure, and low-cost cross-border payments to both individuals and businesses.
Velo Fundraising
Fundraising Event
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| -- | -- | -- | Sep 18, 2024 | |
| -- | $10M | -- | Jun 26, 2023 |
Powered by
Velo
VELO
$0
-4.84%
Total dollar volume24H
$22,179,905
High24H
0.01534 USDT
Low24H
0.01349 USDT
Market Cap
#398$107,221,020
FDV
$348,190,878
Turnover rate
20.69%
Circulating supply
7,390,475,595
Total supply
23,999,922,641
Max supply
∞
All time high
2.362 USDT
All time high date
Mar 08, 2021
Down from All time high
-99.39%
Cycle low
0.00097 USDT
Cycle low date
Dec 07, 2022
Up from cycle low
1395.67%
Official links
Socials
Introduction
Velo Labs is building a unique federated credit exchange network. This network is powered by the Velo Protocol, which is a blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system. The project's core mission is to enable partners to safely and securely transfer value between each other in a timely and transparent way. To do this, the Velo Protocol enables its partners to issue digital credits via a smart contract layer, using the Stellar Consensus Protocol to process and settle transactions. Within its ecosystem, the Velo Protocol enables multiple business use cases that are all based on its core function: issuing collateral-backed digital credits, which correspond to any fiat currency that can be used for frictionless value transfer.