Is Velo a stock?
Excuse me, I'm a bit confused about the nature of Velo. Could you please clarify if Velo is a stock? My understanding is that stocks represent ownership in a company, and they trade on exchanges like the NYSE or Nasdaq. Does Velo represent ownership in a specific entity, or is it perhaps a different financial instrument? I'm trying to understand if I should be considering Velo as an investment option in my portfolio, similar to how I might evaluate traditional stocks. Thank you for your time and clarification.