VelaFi, a LatAm-based company, has raised $20 million in a Series B funding round. According to reports, the funding will be used to support the company's expansion efforts across the U.S. and Asia. The development aims to broaden VelaFi's stablecoin payments infrastructure. The company did not disclose further details about the funding round or its investors.

VelaFi, a LatAm-based company, has raised $20 million in a Series B funding round. According to reports, the funding will be used to support the company's expansion efforts across the U.S. and Asia. The development aims to broaden VelaFi's stablecoin payments infrastructure. The company did not disclose further details about the funding round or its investors.