Web3 financial ecosystem Velo Labs receives $10 million investment from DWF Labs

ChainCatcher news, Web3 financial ecosystem Velo Labs has received a $10 million investment from DWF Labs. Velo Labs had previously provided guidance to developers and innovators at the "Hack-a-TONxDWFxAWS" hackathon event.

Velo is a blockchain-based, compliance-first global settlement network that offers fast, secure, and low-cost cross-border payments for individuals and businesses.