Velo Protocol Technology Gets a $50M Boost
Over the next three years, the company has the option to increase the total commitment to up to $100 million for the Velo protocol. LDA Capital has agreed to give $50 million to Velo Protocol the fintech company Lightnet Group, which makes blockchain-based cross-border payment infrastructure. The company announced this on Monday. Lightnet, which is […]
Stellar blockchain to host Thailand-Europe cross-border payments
Velo Labs, Tempo Payments and Bitazza, have partnered to host Thailand’s new cross-border remittance corridor which will connect it to 27 European countries and serve around 600 million customers. A new partnership between Velo Labs and two financial institutions has resulted in a $17 billion remittance corridor between Europe and Thailand, which runs parallel to […]