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HIFI raises $37 million Series A for tokenized settlement infrastructure

The New York firm said its platform processes more than $7 billion in annualized volume across 87 countries.

Reported · Written up by our desk · Market Structure

HIFI, a stablecoin payments and tokenized assets company, raised $37 million in a Series A round led by Left Lane Capital to expand its tokenized capital markets infrastructure, The Block reports. The funding will also support a wider product suite, the company said in a statement shared with the outlet.

HIFI sells API infrastructure that connects money movement, compliance, and settlement into a single integration across bank rails and digital assets. The company said it processes more than $7 billion in annualized volume across 87 countries.

The Series A follows HIFI’s role in DTCC’s July production trades using DTC-tokenized securities, alongside firms including BlackRock, Goldman Sachs, and Nasdaq, according to the statement. Earlier this month, HIFI also partnered with Visa to expand its stablecoin settlement platform for money transfers and card payments.

That Visa partnership is expected to initially support stablecoin-funded payouts to more than 4 billion Visa cards worldwide. The Block also noted stablecoin supply figures, with total dollar-pegged token supply above $295 billion and USDT at about $183.4 billion, alongside USDC’s supply near $76 billion, citing its data dashboard.

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