Velo[VELO]
Velo is a blockchain-based financial platform that aims to provide frictionless financial solutions.
Velo (VELO) is a blockchain-powered financial protocol designed to build a global decentralized financial network that enables efficient, secure, and transparent value transfers. The platform focuses on solving inefficiencies and high costs associated with traditional cross-border payments and digital asset transfers by leveraging distributed ledger technology. Velo facilitates the issuance of collateral-backed digital credits pegged to fiat currencies, which are used within its ecosystem to provide a wide range of financial services and cross-border settlement solutions.
Operating primarily on the Stellar blockchain and the EVM-compatible Nova chain, Velo emphasizes interoperability and seamless integration with traditional financial systems. The VELO token functions as the primary utility and governance token, used for transaction fees, staking, and governance participation. The project has expanded its focus to include tokenization of real-world assets (RWAs) and offers a consumer super app called Orbit for simple peer-to-peer payments, aiming to foster financial inclusion and efficiency in a Web3-enabled world.
Operating primarily on the Stellar blockchain and the EVM-compatible Nova chain, Velo emphasizes interoperability and seamless integration with traditional financial systems. The VELO token functions as the primary utility and governance token, used for transaction fees, staking, and governance participation. The project has expanded its focus to include tokenization of real-world assets (RWAs) and offers a consumer super app called Orbit for simple peer-to-peer payments, aiming to foster financial inclusion and efficiency in a Web3-enabled world.
PaymentsBlockchain Service
Current price
24h:4.02%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
99.42%All time low price
1,185.16%Token supply
0 VELO (0%)
24B VELO (100%)
$0.05
$0.0132
$0
$317.76M
7.39B VELO (30.79%)