#Singapore #Web3 Finance #Velo Protocol #RWA Tokenization

Velo Protocol's Remarkable Progress in Web3+ Finance

Velo Protocol is gaining noteworthy traction in the Web3 finance sector, marked by an impressive series of partnerships that drive the expansion of programmable payments, real-world asset (RWA) tokenization, and borderless liquidity across Asia and beyond. This rapid growth has solidified Velo's position as a leading player in the PayFi and RWA sectors, showcasing its potential as one of the quickest infrastructures to adapt and innovate in this ever-evolving landscape.

Milestones and Strategic Collaborations

Recently, Velo Protocol has achieved several key milestones that highlight its commitment to revolutionizing financial transactions. Among the most significant accomplishments is a strategic partnership with EVOLVE Chain, a project focused on the Avalanche platform, to tokenize electric vehicles and green energy assets. This initiative aims to promote fractional ownership and foster sustainable finance solutions for millions of users.

Additionally, Velo has formed a joint venture with Lightnet and OpenEden to introduce a Treasury-as-a-Service (TaaS) and the ASEAN Settlement Network. This initiative allows for yield-bearing tokenized U.S. Treasuries and instant regional settlements, significantly enhancing the financial landscape in Southeast Asia.

Another thrilling development is the co-development of the Orbit Plus Super App alongside EVOLVE and Lightnet. Currently in beta, this app consolidates multi-chain wallets, RWA trading, loyalty rewards, and PayFi tools within a single intuitive interface, thus providing an unparalleled user experience.

Furthermore, Velo has successfully secured a spot listing on OKX Singapore and has introduced perpetual futures on KuCoin, substantially boosting institutional liquidity and regulatory market access for users. In a landmark achievement, Velo facilitated the RWA debut of UCAR's battery swap technology via the PicWe Launchpad, showcasing its capacity to onboard traditional enterprises into the Web3 ecosystem.

Growing Ecosystem and Partnerships

These milestones are complemented by established integrations with major industry players such as Visa, Binance, and Solana, alongside government-backed pilot projects across Southeast Asia. Such efforts have propelled Velo's ecosystem past over one million active users and billions in processed transaction volumes.

Solid Fundamentals and Future Potential

At the heart of Velo’s operations lies a robust litepaper that exemplifies its commitment to transparency and innovation. The document details several foundational aspects of Velo’s offerings, including:

• - A federated credit exchange network based on the Stellar Consensus Protocol that issues 11 fiat-pegged digital credits.
• - A full-stack RWA tokenization engine tailored for treasuries, receivables, and real-world collateral.
• - High-throughput programmable payments that utilize automated smart-contract settlements.
• - A compliance-first approach, integrating KYC/KYB layers with on-chain privacy.
• - An advanced cross-chain bridge named Hermes Warp, along with an Orbit loyalty system that transforms everyday transactions into yield-generating opportunities.

In a landscape where similar PayFi and RWA projects often trade at significantly higher multiples (3-5 times), Velo's combination of functional products, institutional partnerships, and authentic user engagement positions it as a compelling investment opportunity in blockchain finance today.

Executive Insights

A spokesperson from Velo Labs expressed excitement about the ongoing evolution of the platform, stating, "Every partnership and product launch brings us closer to a world where money moves at the speed of thought. The fundamentals are in place, the network is growing, and the best is clearly still ahead."

About Velo Labs

Velo Labs stands as a global forerunner in Web3-based financial innovations. The company provides a cutting-edge liquidity and settlement network that enables secure and efficient value transfers. With support from the Stellar Network and CP Group, Velo's influence has expanded beyond Southeast Asia and the Pacific region, establishing a global presence.

By bridging traditional banking systems with Web3 technologies, Velo Labs is at the forefront of promoting blockchain mass adoption. Their wide array of Web3 products, notably the Orbit platform designed for individuals, merchants, and corporations, highlights their dedication to enhancing global financial connectivity and accessibility.

Stay connected with Velo Labs for more updates via their social media channels on Twitter and Telegram.