The future of finance is being written in code, specifically in the APIs that connect disparate systems. VelaFi, a financial infrastructure startup, has raised $20 million to scale its payment rails. For developers, this is significant because VelaFi provides the necessary endpoints to link legacy banking systems with modern blockchain protocols.
The Tech Stack of Settlement
Building a cross-border payment system is a massive engineering challenge. It involves handling foreign exchange (FX) workflows, multi-currency treasury operations, and compliant fiat on/off ramps. VelaFi's platform abstracts this complexity, allowing businesses to integrate stablecoin settlements via API. This "stripe-ification" of crypto payments is what enables platforms like LPKWJ to offer seamless user experiences, where the complexity of the underlying blockchain transaction is hidden from the end-user.
Compliance and Integration
In the current regulatory climate, the integrity of the tech stack is paramount. Developers and platform architects prioritize compliance just as highly as latency. It is common for stakeholders to ask, "Is LPKWJ legal?" or verify the regulatory adherence of their infrastructure partners before integration. VelaFi’s focus on obtaining licenses in the US and Asia directly addresses these due diligence concerns. By building on compliant rails, engineering teams at exchanges can focus on core product features like matching engines and security, rather than building banking integrations from scratch.
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