Velocity and CrissCross Form Digital Asset Partnership
The companies have joined forces to integrate global digital asset liquidity into financial systems across Africa.
Updated on Oct. 8, 2026 in Finance — General
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London-based Velocity and South African firm CrissCross have announced a partnership to connect international digital asset liquidity to African financial systems. The collaboration combines Velocity's stablecoin expertise with the payment infrastructure operated by CrissCross.
Why it matters
This partnership aims to bridge the gap between global digital asset markets and regional African financial systems. By linking these platforms, the companies intend to streamline international treasury management and payment processes.
Velocity specializes in stablecoin-based international treasury management, while CrissCross maintains regulated payment infrastructure in South Africa and Canada. The partnership connects global liquidity pools to local financial systems.
The players
Velocity
This London-based company specializes in international payments and treasury management using stablecoins.
CrissCross
Headquartered in South Africa, this company operates as a payment and exchange infrastructure provider with a regulated entity in Canada.
The details
Velocity, founded in 2025 in London, provides infrastructure for digital asset payments. CrissCross, headquartered in South Africa with a regulated Canadian entity, brings its exchange capabilities to the new integrated platform.
Timeline
Velocity was established in 2025.
The companies formally announced their partnership on October 8, 2026.
Market Dynamics
The collaboration reflects the ongoing shift toward integrating digital assets into traditional cross-border payment systems to reduce friction. This development positions both companies within the competitive landscape of emerging market fintech infrastructure.
Retail and institutional stakeholders may see improved liquidity and faster settlement times for cross-border transactions involving African markets. The partnership could eventually influence how businesses manage multi-currency treasury operations using digital assets.
The takeaway
The integration of digital assets into regional payment systems marks a step toward more efficient international treasury management. Businesses and investors should monitor how these infrastructure links impact the speed and cost of cross-border capital movement.
Further reading
Learn more about the evolving landscape of global capital and asset management in our Finance — General section.
Source note: This article includes information reported by Financial Afrik.
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