# Maggie Wu

> Maggie Wu is the CEO and co-founder of VelaFi, a stablecoin-powered payments infrastructure company that helps businesses move money across borders faster and cheaper than traditional banking rails. Born in China and now based in Frisco, Texas, she built her name in Latin America, where her earlier venture TruBit grew to more than 300,000 users. In January 2026 VelaFi raised a $20 million Series B led by XVC and Ikuyo, with backing from Alibaba Investment and BAI Capital, pushing total funding past $40 million as the company expands from Latin America into the United States and Asia.

- **Role:** CEO and Co-Founder at VelaFi
- **Organizations:** VelaFi, Galactic Holdings, TruBit, Krypital Group
- **From:** China
- **Nationality:** Chinese-American
- **Education:** Bachelor of Engineering, Shanghai Jiao Tong University, Master of Science, National University of Singapore, Certificate, Blockchain Technologies: Business Innovation and Application, MIT Sloan Executive Education
- **Known for:** Grew TruBit to more than 300,000 users across Latin America including Mexico, Brazil, Argentina, Colombia, Venezuela, Peru and Chile, Raised more than $40M in total funding across her ventures, including a $20M Series B for VelaFi in January 2026, Built VelaFi into a platform serving 500+ institutional clients and processing billions in payment volume

## Career timeline

- **2016** — Began investing in Bitcoin and studying blockchain technology
- **2017** — Co-founded Krypital Group, a digital-asset investment fund, serving as CEO; invested in 100+ crypto projects globally
- **2018** — Completed MIT Sloan Executive Education certificate in blockchain technologies
- **2020** — Founded Galactic Holdings in Mexico and launched TruBit for the Latin American market
- **2022** — Became CEO and Co-Founder of TruBit
- **2025** — Rebranded TruBit Business into VelaFi (launched July 1, 2025) and became its CEO
- **2026** — Closed a $20M Series B for VelaFi led by XVC and Ikuyo, total funding surpassing $40M

## Achievements

- Grew TruBit to more than 300,000 users across Latin America including Mexico, Brazil, Argentina, Colombia, Venezuela, Peru and Chile
- Raised more than $40M in total funding across her ventures, including a $20M Series B for VelaFi in January 2026
- Built VelaFi into a platform serving 500+ institutional clients and processing billions in payment volume
- Invested in over 100 crypto projects globally through Krypital Group and Crypto Group
- Integrated TruBit with Mexico's SPEI real-time payment system and launched Mastercard prepaid crypto cards
- Expanded operations across Latin America, the United States, Hong Kong and Singapore

## Latest updates

- **2026-01** — VelaFi raised a $20M Series B led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree and BAI Capital, bringing total funding past $40M.
- **2025-07** — Wu rebranded TruBit Business into VelaFi, launching the standalone B2B stablecoin payments infrastructure company on July 1, 2025.

## Links

- Website: https://velafi.com
- LinkedIn: https://www.linkedin.com/in/maggie-wu-164a0797/
- Twitter/X: https://twitter.com/MaggieWu_KG

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Profile page: https://yespress.io/maggie-wu
Published by YesPress — https://yespress.io
Last updated: 2026-07-15