Velo Labs
Velo Labs is a Singapore-headquartered Web3 financial infrastructure company that operates a multi-chain PayFi platform centered on the USDV stablecoin, the Orbit Plus wallet, and the Universe hybrid DEX, serving unbanked retail users in Southeast Asia and licensed financial institutions with compliant cross-border settlement and Treasury-as-a-Service offerings.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Velo Labs does
Velo Labs Technology Ltd., incorporated in the British Virgin Islands and operating from Singapore, is a Web3 financial infrastructure company founded in 2019 that builds a multi-chain PayFi stack bridging traditional finance and decentralized finance. Its core technology spans the Stellar-based VELO network, an EVM-compatible Nova Chain, a multi-chain Warp bridge (currently Solana and Stellar), and a 4-layer PayFi architecture combining a compliance layer (powered by Lightnet's ASEAN licensed payment network), an infrastructure layer, a hybrid CeFi/DeFi capital and settlement layer, and a Treasury-and-Yield layer. Its flagship product is the USDV stablecoin, which is over-collateralized by BlackRock's BUIDL fund, OpenEden tokenized U.S. T-Bills, Paxos USDL, tokenized gold, and USDT, and which processes up to $150 million in daily transactions.
The product portfolio is full-stack: the Orbit Plus Super App (self-custody multi-chain Web3 wallet on iOS/Android across 15 countries), the Universe Hybrid DEX (perpetual and FX trading across Nova Chain, BSC, and Solana), Velo Finance (DeFi liquidity and staking), Omni Points loyalty, and the forthcoming Quantum institutional suite and Treasury-as-a-Service offering. Revenue is generated through $VELO-denominated settlement fees (with a buy-back-and-burn mechanism), liquidity-provider staking yields, institutional $VELO collateral lockup for netting access, TaaS management spreads, and Universe DEX trading fees. The platform serves two primary customer segments: individual users in emerging Southeast Asian markets seeking low-cost cross-border transfers and dollar-denominated savings, and financial institutions (banks, MTOs, PSPs, fintechs) that need compliant settlement and treasury infrastructure.
Go-to-market combines product-led growth (self-serve app downloads and exchange listings on 12+ venues including Binance, OKX, Kucoin, and Crypto.com) with enterprise field sales through strategic partners such as UOB, CP Group, Seven Bank, Lightnet, and the Laos government. Strategic investors include UOB Venture Management, Pantera Capital, Signum Capital, HashKey Capital, CP Group, Everest Ventures Group, LDA Capital, Hanwha, and Ducapital. The company employs 11–50 people and is led by Co-Chairman Chatchaval Jiaravanon, Vice Chairman Tridbodi Arunanondchai, and Chief Operating Officer Korapat Arunanondchai, with an advisory bench that includes Stellar co-founder Jed McCaleb and Stanford Professor David Mazières.
Velo Labs firmographics
Firmographics- Name
- Velo Labs
- Legal name
- Velo Labs Technology Ltd.
- Website
- https://velo.org
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Velo Labs is a Singapore-headquartered Web3 financial infrastructure company that operates a multi-chain PayFi platform centered on the USDV stablecoin, the Orbit Plus wallet, and the Universe hybrid DEX, serving unbanked retail users in Southeast Asia and licensed financial institutions with compliant cross-border settlement and Treasury-as-a-Service offerings.
- Ownership category
- akta.pro rank
Velo Labs industry classification
Industry- Product category
- Web3 Financial Infrastructure / Blockchain Payment Protocol
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)
- akta.pro secondary industries
- Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA), Tokenized Real-World Assets & On-Chain Treasuries (tokenized T-bills, money markets, cash management) (FSAPAEAJ), Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where Velo Labs is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Velo Labs business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- Settlement Transaction Fees: Every FX and settlement transaction on Velo pays fees in $VELO token. A percentage of fees is used to buy $VELO back from the market, creating a deflationary loop where volume directly translates to token demand and reduced circulating supply.
- Liquidity Staking Rewards: LPs stake $VELO to participate in network transaction flow, provide depth on USDT and FX pairs, and earn yield from spreads and routing fees. More network volume attracts more stakers, locking supply and generating staking income.
- Net Settlement Collateral: Institutional participants lock $VELO as collateral to access netting layer, enabling credit lines and capital-efficient settlement. Creates long-term lockup and institutional-grade utility demand.
- Treasury-as-a-Service (TaaS): Managed layer for institutional clients (MTOs, PSPs, corporates) that turns idle capital into productive capital through yield strategies. Idle USD converts to USDT, deploys into yield until needed, then routes as local currency for payout.
- Universe Trading Fees: Revenue from trading fees on the Universe hybrid DEX platform for FX, commodities, indices, and cryptocurrency perpetual trading.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Token-based fee structure for settlement and liquidity services |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels9 records
Velo Labs product offering
Product offeringCore offering
Velo Labs operates a Web3+ financial infrastructure platform that bridges traditional finance and decentralized finance. The company offers a multi-product ecosystem including a stablecoin (USDV), a consumer Web3 super app (Orbit Plus), a hybrid decentralized exchange (Universe), an EVM-compatible blockchain (Nova Chain), a cross-chain bridge (Warp), and institutional treasury management services (Treasury-as-a-Service) for cross-border payments and real-world asset tokenization.
Product overview
Velo Labs operates a unified Web3+ financial platform that bridges traditional finance (TradFi) and decentralized finance (DeFi) through a multi-product ecosystem. The core portfolio centers on USDV, Velo's institutional-grade stablecoin that serves as the primary settlement and transfer mechanism across all applications. The consumer-facing Orbit Plus Super App provides a self-custody Web3 wallet with multi-chain support, enabling users to manage digital assets, stablecoins, and tokenized RWAs while accessing real-time cross-border settlement. Velo Finance delivers DeFi functionality including liquidity pools and yield farming, while Universe offers a Hybrid DEX for perpetual trading with social and copy trading features. The Nova Chain EVM-compatible blockchain underpins the ecosystem, with Warp enabling cross-chain bridging and Omni Points providing loyalty/rewards integration. Treasury-as-a-Service and PayFAi represent institutional and AI-powered settlement layers respectively, completing a full-stack PayFi infrastructure from consumer payments to enterprise treasury management.
Differentiator
Problem solved
Functional benefit
Brands
- Universe: A Hybrid DEX platform for trading digital assets with centralized exchange functionality on a decentralized exchange.
- Nova Chain
- Warp
- Orbit Plus
- Velo Finance
- Quantum
Products and services
- USDV
Quantifiable outcome
- Processes up to $150 million in daily USDV transactions
- +4 more outcomes
Companies that use Velo Labs
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Velo Labs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
Feature7 records
Velo Labs partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and supporting.
- World Liberty Financial (WLFI)coreStrategic collaboration to integrate USD1, a regulated U.S. dollar-backed stablecoin issued by BitGo Trust Company, into the Velo ecosystem. The integration strengthens PayFi infrastructure by enhancing stablecoin liquidity and settlement layers across Asia.
- BlackRock / SecuritizecoreIntegration of BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, into USDV stablecoin reserves. This brings institutional-grade yield from U.S. Treasuries to over 1 million Velo users in Southeast Asia.
- EVOLVE ChaincoreStrategic RWA tokenization initiative co-developed with Velo and Lightnet. Together they are tokenizing real estate, undervalued assets, and sustainable infrastructure including green energy and two-wheel EV charging networks across Southeast Asia's Belt and Road corridors.
- Lightnet GroupcoreSingapore-based fintech providing cross-border settlement solutions across Asia, backed by UOB, Seven Bank, and CP Group. Powers licensed payment rails and digital wallet infrastructure for Orbit Plus, enabling real-time cross-border settlements and regional remittances.
- OpenEdencoreJoint venture to launch Treasury-as-a-Service platform and ASEAN Settlement Network. OpenEden provides tokenized U.S. Treasury Bills (TBILL) - the first tokenized T-Bill to receive Moody's 'A' rating and S&P 'AA+' rating - as reserve collateral for USDV stablecoin.
- Paxos InternationalcoreIntegration of Lift Dollar (USDL), the first yield-bearing stablecoin under regulatory oversight, as treasury reserve and settlement asset. USDL is backed by short-term U.S. Treasury bills and cash equivalents, programmatically distributing daily yield to holders.
- OTSO Group / SoFinXsupportingIntegration of SoFinX social trading platform and SoFinQ trading competition tools into Universe DEX. Adds copy trading, strategy mirroring, and competitive trading features to increase user engagement and trading volume.
- GuardariansupportingNon-custodial fiat-to-crypto gateway enabling users worldwide to buy and sell VELO. Operates in 170+ countries, supports 50+ fiat currencies, and allows smaller transactions without KYC up to €700.
- TravalasupportingBlockchain-powered travel platform partnership enabling VELO token holders to book over 3 million travel products (2.2M+ hotels, 600+ airlines, 400K+ activities) using VELO tokens in select jurisdictions.
- MessarisupportingResearch coverage partnership providing institutional-grade analysis of VELO for Messari's extensive client base of professional traders and institutional investors. Report expected early October 2025.
- Bitget WalletsupportingIntegration of Bitget Web3 Wallet across Nova Chain, BSC, and Solana networks enabling users to manage assets and engage in perpetual trading across multiple blockchains with enhanced security.
- Stellar Development FoundationcoreVELO is backed by the Stellar Network and leverages Stellar's blockchain infrastructure for secure, scalable value transfer. SDF co-founder Jed Mccaleb and Prof. David Mazières serve as advisors.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Velo Labs competitors and assessment
Company assessmentDirect peers
- Ripple: Ripple's XRP and RippleNet target the same institutional cross-border payments use case Velo addresses — moving value between financial institutions and MTOs without pre-funded nostro accounts. Both compete on settlement speed and bank-distributed liquidity rails.
- Stellar Development Foundation: Velo is built on Stellar and advised by Stellar co-founder Jed McCaleb. Stellar itself operates payments and tokenization rails targeting the same financial inclusion / cross-border remittance market Velo serves, with overlapping partner ecosystems.
- Circle: Circle issues USDC, the leading regulated USD stablecoin with deep exchange and DeFi liquidity. Circle is also expanding into tokenized money-market funds, directly overlapping with USDV's BUIDL-backed reserve strategy and competing for the same institutional treasury customers.
- Paxos: Paxos is a regulated stablecoin issuer (USDP, USDL yield-bearing) and tokenization infrastructure provider. Paxos is both a Velo partner (USDL integration) and a direct competitor in regulated stablecoins and tokenized T-Bills.
- Uniswap: Uniswap is the dominant decentralized exchange. Velo's Universe Hybrid DEX competes directly for multi-chain perpetual and spot trading volume, though Universe differentiates with FX and commodities alongside crypto perpetuals.
Broad incumbents
- Tether: Tether (USDT) is the dominant USD stablecoin by volume, with massive SEA remittance penetration. USDV competes for the same user base and merchant acceptance, but at a fraction of USDT's liquidity depth.
- MakerDAO: MakerDAO issues DAI, a major crypto-collateralized stablecoin with deep DeFi liquidity and an RWA roadmap (RWA vaults). Competes with USDV for stablecoin volume and is a comparable reference point for tokenized-collateral DeFi architecture.
Emerging players
- Ondo Finance: Ondo Finance tokenizes US Treasuries and money market funds for on-chain distribution (OUSG, OMMF), directly competing with USDV's BlackRock BUIDL / OpenEden TBILL yield strategy targeting institutional treasuries.
- Centrifuge: Centrifuge tokenizes real-world assets (receivables, real estate, invoices) on-chain for DeFi consumption. Overlaps with Velo's EVOLVE Chain RWA tokenization thesis targeting SEA infrastructure and real estate assets.
- Hyperliquid: Hyperliquid is an emerging perpetual DEX with strong on-chain volume. Competes with Universe for the perpetual derivatives use case on Velo's retail trader segment, particularly as both target multi-chain crypto-native traders.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Velo Labs social profiles
Digital presenceVelo Labs compliance and trust
Trust signalCompliance1 record
Velo Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velo Labs leadership team
Management profileNumber of profiles
Profiles10 records
Velo Labs funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velo Labs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Velo Labs
What does Velo Labs do?
Velo Labs operates a Web3+ financial infrastructure platform that bridges traditional finance and decentralized finance. The company offers a multi-product ecosystem including a stablecoin (USDV), a consumer Web3 super app (Orbit Plus), a hybrid decentralized exchange (Universe), an EVM-compatible blockchain (Nova Chain), a cross-chain bridge (Warp), and institutional treasury management services (Treasury-as-a-Service) for cross-border payments and real-world asset tokenization.
Is Velo Labs a public or private company?
Velo Labs is a private company. It is classified as venture growth investor backed and is currently operating.
When was Velo Labs founded?
Velo Labs was founded in 2019. It employs 11 to 50 people.
Where is Velo Labs based?
Velo Labs is headquartered in Singapore, Singapore, in the Asia region.
How does Velo Labs make money?
Five revenue lines are on record. Settlement Transaction Fees are the primary driver. The others are liquidity Staking Rewards, net Settlement Collateral, treasury-as-a-Service (TaaS) and universe Trading Fees.
Who are Velo Labs's main competitors?
Direct peers on record are Ripple, Stellar Development Foundation, Circle, Paxos and Uniswap. Broad incumbents are Tether and MakerDAO. Emerging players are Ondo Finance, Centrifuge and Hyperliquid.
Does Velo Labs have an API?
Yes. NOVA Mainnet provides a public BlockScout-based API supporting GET and POST requests, along with Ethereum-compatible RPC methods. Available endpoints include account balance queries (eth_getBalance, balance), transaction listing (txlist, pendingtxlist), token transfers (tokentx), token holder information, block data, contract verification, and logs. The API is documented at https://novascan.velo.org/api-docs with RPC documentation at https://novascan.velo.org/eth-rpc-api-docs. A GraphQL interface is also available at https://novascan.velo.org/graphiql. Developer documentation is at novascan.velo.org/api-docs.
What industry is Velo Labs in?
Velo Labs's product category is Web3 Financial Infrastructure / Blockchain Payment Protocol. Its primary akta.pro industry code is FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury), with a secondary code of FSAGAMAA, Tokenization Platforms (RWA, Securities, Funds). Its NAICS code is 522320 and its SIC code is 6199.