Velo company info

What does Velo do?
Velo (CRYPTO:VELO) is a dynamic cross-chain liquidity network driven by the Velo Protocol, designed to accelerate money velocity and promote financial inclusion. At its core, the Velo Protocol offers a comprehensive suite of blockchain-based financial products and services. Users benefit from features such as swift cross-chain asset transfers, a range of stablecoins pegged to fiat currencies for reliable payments and remittances, a decentralized exchange (DEX) for intermediary-free asset trading, and the option to lend or borrow assets, enabling income generation and liquidity access. Velo's ecosystem encompasses pivotal projects like Velo Labs, the driving force behind the Velo Protocol's development and maintenance. In addition, the Velo Wallet is an essential component, providing a digital platform for users to securely store, manage, and utilize their Velo assets. The primary aspirations of Velo are to invigorate money movement by simplifying and expediting transactions, a catalyst for economic growth and fresh opportunities. Moreover, they are dedicated to advancing financial inclusivity, striving to make financial services universally accessible, irrespective of location or income level. Lastly, Velo aims to leverage blockchain technology to establish a more efficient and transparent financial system, heralding a promising future for the financial landscape.
Velo company media
Company Snapshot

How many people does Velo employ?

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Employees
11-50

What is the market cap for Velo?

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Market Cap
$131.68M

Where is the head office for Velo?

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Head Office
Singapore

What year was Velo founded?

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Year Founded
2018
What does Velo specialise in?

What are the products and/or services of Velo?

Overview of Velo offerings
Cross-chain asset transfers: Velo allows users to transfer assets between different blockchains quickly and easily. This is done through the use of Velo's Liquidity Bridge, which is a network of nodes that connect different blockchains.
Decentralized exchanges: Velo offers a decentralized exchange (DEX) where users can trade assets without having to go through a central intermediary. Velo's DEX is built on the Velo Protocol and uses Velo's Liquidity Bridge to provide users with access to a wide range of assets.
Lending and borrowing: Velo allows users to lend and borrow assets. This can be used to generate income or to gain access to liquidity. Velo's lending and borrowing platform is built on the Velo Protocol and uses Velo's Liquidity Bridge to provide users with access to a wide range of assets.
Payments: Velo can be used to make payments to merchants and individuals. Velo's payment service is built on the Velo Protocol and uses Velo's Liquidity Bridge to provide users with access to a wide range of currencies.
Remittances: Velo can be used to send and receive remittances quickly, cheaply, and securely. Velo's remittance service is built on the Velo Protocol and uses Velo's Liquidity Bridge to provide users with access to a wide range of currencies.
Stablecoins: Velo offers a variety of stablecoins that are pegged to different fiat currencies. These stablecoins can be used to make payments and send remittances without having to worry about price volatility. Velo's stablecoins are backed by a combination of fiat currencies, digital assets, and other assets.