Velo Protocol is actively promoting the deep integration of blockchain and traditional finance, especially in the innovative field of PayFi (payment finance). As early as 2020, Velo partnered with the globally renowned payment giant Visa, marking its potential to play an important role in the global financial system. With investments from top Asian banks like UOB, Velo has not only made technological breakthroughs but also gained strong backing in terms of funding and trust. Velo aims to become a leader in the Asian PayFi field, similar to XRP's position in the global payment system.
In addition to financial cooperation, Velo has also shown strong momentum in the integration of physical assets and blockchain. By collaborating with projects such as PTLH and Openeden in Laos, as well as Securitize related to BlackRock, Velo is actively applying blockchain technology to the digitization of real-world assets, further expanding its application scenarios in the DeFi field.
To achieve broader blockchain adoption, Velo operates across multiple chains, including BSC, TON, Solana, and Stellar. This multi-chain strategy not only enhances the platform's scalability but also ensures interoperability with other blockchain ecosystems. Velo's blockchain technology seamlessly connects different platforms, providing users with a smoother and more reliable financial experience.
On the product level, Velo has launched several innovative applications that cover a wide range of functions from cross-chain payments to tokenized assets. For instance, the Omni Point plan aims to create a payment super app for ordinary consumers through collaboration with Orbit, further promoting the mainstream application of Web3 technology. Velo's product line also includes Universe (hybrid DEX), Warp (cross-chain platform), Nova (EVM-compatible blockchain), Quantum (remittance network), and PLG (tokenized gold), which together form a complete ecosystem that connects traditional finance and decentralized finance.
Velo's vision is not only to create a technology-driven payment platform but also to promote the application of Web3 technology in global everyday financial activities. As its PayFi solutions continue to evolve, Velo is gradually achieving its goal of bringing blockchain into daily life, ultimately providing a more transparent and decentralized payment financial environment for users worldwide.
