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Velo Labs Raises $10M to Accelerate Growth of Its "Web3+" Financial Ecosystem

June 26 (Cointime) - Velo Labs Technology Inc. has raised $10M to grow its "Web3+" financial ecosystem, enabling the global movement of assets. With a compliance-friendly approach, Velo Labs' "Web3+" ecosystem combines Web 3.0 products to onboard global economic activities to the blockchain, starting with multi-asset trading on Universe and an upcoming crypto payment super-app, Orbit. DWF Labs led the funding round.

Velo Labs is a financial technology company using blockchain technology to create a compliance-first financial ecosystem. DWF Labs is a global digital asset market maker and multi-stage Web3 investment firm, supporting portfolio companies.

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