Velo Protocol, Lightnet, and OpenEden Launch Treasury-as-a-Service Platform

September 12, 2025
Velo Protocol, Lightnet, and OpenEden have announced a joint venture to launch a Treasury-as-a-Service platform and ASEAN settlement network, focusing on tokenized U.S. Treasuries and cross-border payments.

Velo Protocol, Lightnet, and OpenEden have announced a joint venture to launch a Treasury-as-a-Service (TaaS) platform and a regional settlement network, announced in a press release. This initiative aims to enhance stablecoin issuance, cross-border payments, and institutional-grade financial services across Asia.

The TaaS platform, launched in Q4 2024, provides enterprises, DAOs, and Web3 treasuries with direct access to tokenized U.S. Treasuries. It offers a compliant, transparent, and yield-bearing reserve solution that bridges traditional finance and blockchain.

Additionally, the joint venture will develop a comprehensive settlement network for financial institutions, fintechs, and enterprises in the ASEAN region. This network will support digital-fiat settlement infrastructure, real-time cross-border payments, and secure custodial solutions, ensuring regulatory compliance and seamless integration with existing financial operations.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Finance AI Weekly or Daily AI Brief.

Also, consider following us on social media:

AI in Finance AI Brief AI Brief (X)

More from: Finance

09/13
Personetics Launches MCP Server for AI-Driven Banking Solutions
09/12
Trintech Integrates AI-Powered Financial Close Solution with Workday
09/12
Synechron and Duck Creek Partner for Insurance Digital Transformation
09/12
Eightco Holdings Completes $270 Million Private Placement for Worldcoin Strategy
09/12
Millennial Shift Technologies Integrates HSB TotalCyber on mShift Platform

Subscribe to Finance AI Weekly

Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets

AI Token Webinar

Whitepaper

Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions

This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.

Read more

You May Also Like