HIFI raises $37 million to expand stablecoin and tokenized asset infrastructure

HIFI, a financial infrastructure company specializing in stablecoin payments and tokenized assets, has secured $37 million in a Series A funding round led by Left Lane Capital. This marks the company’s first priced funding round, though its valuation was not disclosed.

The capital is intended to scale HIFI’s tokenized capital markets infrastructure and expand its product suite, which includes stablecoin payments and card products. The company’s platform currently processes approximately $7 billion in annualized volume and serves over 10,000 businesses and 200,000 end users across 87 countries.

HIFI’s technology facilitates the movement of dollars into and out of stablecoins, enables payouts through US banking rails and cards, and settles cash for tokenized repo and Treasury transactions. The company recently partnered with Visa to expand money movement capabilities and participated in DTCC’s production trades involving tokenized assets alongside major institutions such as BlackRock, Goldman Sachs, and Nasdaq.