Velo Labs

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.

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

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

• Blockchain payment infrastructure
• Stablecoin settlement platform
• Cross-border remittance
• Real world asset tokenization
• Decentralized exchange platform

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain

Revenue model

1. 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.
2. 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.
3. 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.
4. 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.
5. Universe Trading Fees: Revenue from trading fees on the Universe hybrid DEX platform for FX, commodities, indices, and cryptocurrency perpetual trading.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core 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

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core and supporting.

• World Liberty Financial (WLFI)coreStrategic or Co-development Partner · 22 December 2025Strategic 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 / SecuritizecoreTechnology or IntegrationIntegration 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 or Co-development PartnerStrategic 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 GroupcoreStrategic or Co-development PartnerSingapore-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.
• OpenEdencoreStrategic or Co-development PartnerJoint 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 InternationalcoreTechnology or IntegrationIntegration 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 / SoFinXsupportingTechnology or IntegrationIntegration 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.
• GuardariansupportingChannel Partner/ Reseller/ DistributorNon-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.
• TravalasupportingChannel Partner/ Reseller/ DistributorBlockchain-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.
• MessarisupportingGTM or Marketing PartnerResearch 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 WalletsupportingTechnology or IntegrationIntegration 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 FoundationcoreTechnology or IntegrationVELO 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

Direct 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

• Xx.com/veloprotocol
• YouTubeyoutube.com/c/VeloLabs
• Facebookfacebook.com/velolabsofficial

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Velo Labs