VelaFi, a stablecoin-powered financial infrastructure provider under Galactic Holdings, has raised $20 million in a Series B funding round led by XVC and Ikuyo,  the company said in a press release Monday. The round also included participation from Alibaba Investment, Planetree, BAI Capital, and other global investors, bringing the company’s total funding to more than $40 million. Founded in 2020, VelaFi initially built payment infrastructure in Latin America and has since expanded into the U.S. and Asi ...