Velo Protocol Partners with Lightnet and OpenEden to Launch ASEAN Settlement Network and Treasury-as-a-Service

Velo Protocol, a leading Web3 financial solutions platform, has forged a strategic alliance with fintech firm Lightnet and real-world asset tokenization specialist OpenEden. The collaboration aims to revolutionize cross-border payments and digital treasury management in Southeast Asia through two key initiatives: a Treasury-as-a-Service (TaaS) platform and an ASEAN Settlement Network.

The TaaS solution represents a significant leap in blockchain-based financial infrastructure, offering Web3 treasuries, DAOs, and enterprises direct access to tokenized U.S. Treasury products. This development comes as institutional demand for compliant digital asset solutions surges across Asian markets.

Velo Protocol's press release emphasizes the partnership's potential to accelerate regulatory-friendly adoption of digital finance throughout the region. The ASEAN Settlement Network promises to redefine real-time cross-border payments while enhancing stablecoin issuance frameworks.