Whenever I get nervous about an investment, I always look for one thing…
Does a top-tier institution keep putting more money in?
With $VELO, the answer is a loud yes.
UOB Venture Management, the VC arm of United Overseas Bank made their second strategic investment in Velo Labs (Sep 2024), after already backing them earlier and That’s huge ☝🏻
UOBVM has assets under management in excess of S$2.0 billion 💰
Out of UOBVM’s 250+ portfolio companies across ASEAN and China, only five have ever received repeat funding (according to AI research & analysis)
1. Velo Protocol (Web3, PayFi, RWAs), Thailand 🇹🇭 2. Ruangguru (EdTech), Indonesia 🇮🇩 3. Amartha (Impact Fintech), Indonesia 🇮🇩 4. Etana Biotechnologies (Healthcare) 5. Pace (Mobility Tech), Singapore 🇸🇬
That’s it. Five names. Velo made the cut twice.
When a major Asian bank keeps doubling down on a blockchain project that’s building real financial rails (Stellar backbone, Orbit Plus super app, RWA tokenization, licensed cross-border flows), it’s one of the strongest signals you can get. 👌🏼
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$VELO l @veloprotocol
Whenever I get nervous about an investment, I always look for one thing…
Does a top-tier institution keep putting more money in?
With $VELO, the answer is a loud yes.
UOB Venture Management, the VC arm of United Overseas Bank made their second strategic investment in Velo Labs (Sep 2024), after already backing them earlier and That’s huge ☝🏻
UOBVM has assets under management in excess of S$2.0 billion 💰
Out of UOBVM’s 250+ portfolio companies across ASEAN and China, only five have ever received repeat funding (according to AI research & analysis)
1. Velo Protocol (Web3, PayFi, RWAs), Thailand 🇹🇭
2. Ruangguru (EdTech), Indonesia 🇮🇩
3. Amartha (Impact Fintech), Indonesia 🇮🇩
4. Etana Biotechnologies (Healthcare)
5. Pace (Mobility Tech), Singapore 🇸🇬
That’s it. Five names. Velo made the cut twice.
When a major Asian bank keeps doubling down on a blockchain project that’s building real financial rails (Stellar backbone, Orbit Plus super app, RWA tokenization, licensed cross-border flows), it’s one of the strongest signals you can get. 👌🏼