Velocity raises funds, Ramp launches software, S&P acquires OpenZeppelin

Velocity has raised USD 38 million in a Series A funding round led by Dragonfly and FirstMark to enhance its stablecoin treasury and settlement platform, aiming to modernize enterprise treasury operations and expand its global banking network. (📰The Paypers)
Ramp has launched its expense management and treasury software for UK businesses following its acquisition of Billhop, enabling direct corporate card and payment services in the region. (📰The Paypers)
S&P Global has agreed to acquire smart contract security company OpenZeppelin, which will retain its name and operations while gaining access to S&P’s resources, with the deal subject to closing conditions. (📰CryptoSlate)