HIFI Raises 37000000 USD For Stablecoin And Tokenized Market Infrastructure
HIFI has raised 37000000 USD in a Series A funding round led by Left Lane Capital. The funding will be used to expand stablecoin payments, card products, and infrastructure for tokenized capital markets. HIFI's platform currently processes over 7000000000 USD in annualized volume across 87 countries. The company aims to connect traditional bank systems with stablecoin settlement through its APIs. HIFI participated in DTCC's July production trades involving DTC-tokenized assets alongside firms like BlackRock, Goldman Sachs, and Nasdaq. It has also partnered with Visa for stablecoin-funded payouts that can reach billions of Visa cards. The Series A funding will help HIFI enhance its infrastructure as traditional payments, stablecoins, and securities settlement increasingly converge. The round does not disclose a valuation but provides HIFI with capital to build a substantial financial-services business.
-- Price
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