Velo Labs announced strategic partnerships with TransactCloud, FT Worldwide, and an unnamed fintech innovator to advance its Web3 Finance offerings. The collaborations aim to enhance liquidity, trading, and Web2-Web3 connectivity through Velo's Universe platform and Lightyear trading bot.
Velo Labs, a Stellar-backed Web3 liquidity and settlement network, finalized partnerships with three major technology and finance companies. TransactCloud will provide operational support and Web2-Web3 synchronization services, while FT Worldwide, a liquidity provider, will enhance OTC trading offerings including fixing and forward products. An unnamed fintech innovator specializing in bridging, execution strategies, and risk management completes the alliance. These collaborations leverage Velo's Universe hybrid DEX platform and Lightyear Web3 trading bot to deliver enhanced services to traders and financial brokers across Southeast Asia and the Pacific.