Stablecoin infrastructure firm HIFI completes $37M Series A funding led by Left Lane Capital.

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Stablecoin infrastructure firm HIFI has raised $37 million in Series A funding, led by Left Lane Capital. This round marks HIFI’s first priced financing, as the platform processes approximately $7 billion in annualized transaction volume. The funds will be used to expand payment products and tokenized capital market infrastructure. HIFI provides USD and stablecoin on-ramps and off-ramps, enabling payments through U.S. banking and card networks. The company also supports USD cash settlement for tokenized repurchase agreements and U.S. Treasury transactions. HIFI previously participated in DTCC’s tokenized securities pilot.

ChainCatcher report, according to The Block, stablecoin infrastructure company HIFI has completed a $37 million Series A funding round led by Left Lane Capital, with valuation not disclosed. HIFI CEO Zach Walsh stated that this is the company’s first priced funding round, and the platform currently processes approximately $7 billion in annualized transaction volume. The proceeds will be used to expand HIFI’s stablecoin payment products and tokenized capital markets infrastructure. HIFI currently supports fund inflows and outflows between USD and stablecoins, payments via the U.S. banking system and debit/credit cards, and USD cash settlement services for tokenized repurchase agreements and U.S. Treasury trades. HIFI previously participated in the Depository Trust & Clearing Corporation’s (DTCC) pilot for tokenized securities trading.

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