Velo to Integrate with Lightnet’s B2B Settlement Engine for Real-Time Cross-Border Payments
Velo, a blockchain technology provider, announced its integration with Lightnet, a FinTech group specializing in cross-border money transfers via blockchain networks. The integration, slated for completion by Q4 2025, will position Velo as the FX Core for real-time cross-border payments. This partnership aims to streamline global payment transfers by leveraging Velo's decentralized credit exchange network.
The collaboration will establish Asia’s first blockchain-native settlement bank, enabling 24/7 transaction capabilities. Velo’s protocol, which facilitates digital credit issuance and asset distribution, will enhance Lightnet’s licensed B2B settlement engine. The MOVE underscores the growing institutional adoption of blockchain for financial infrastructure.
