HIFI raises $37M Series A for tokenized capital markets, stablecoin payments

Stablecoin and capital markets infrastructure firm HIFI has raised $37 million in a Series A round led by Left Lane Capital. The company did not disclose its valuation in the financing. HIFI currently processes $7 billion in annual payments and settlement volume and plans to use the proceeds to build tokenized capital markets infrastructure and expand its stablecoin payment product suite. HIFI previously took part in DTCC’s tokenized Treasury and repo settlement pilot alongside BlackRock and Goldman Sachs, and it also supports global card remittance services for USDC through Visa Direct integration. The move comes as competition in on-chain payments infrastructure intensifies amid broader blockchain adoption by traditional institutions and surging demand for stablecoin payments.