Technical analysis by AmateurxTrader about Symbol VELO: Buy recommendation (9/11/2024)

Velo Labs has partnered with Securitize and BlackRock to introduce BlackRock's tokenized USD Institutional Digital Liquidity Fund (BUIDL) into its ecosystem. This fund will back Velo’s USDV stablecoin, enabling over a million users in Southeast Asia to make seamless, cross-border transactions. The collaboration also offers opportunities for traders to earn yields through Velo's DeFi programs.