Stablecoin Platform HIFI Secures $37M Series A for Payment and Tokenization Growth
Stablecoin infrastructure provider HIFI has completed a $37 million Series A financing round with Left Lane Capital as lead investor, targeting expansion of its payment solutions and tokenized capital markets platform.
HIFI, a company specializing in stablecoin infrastructure solutions, has successfully closed a $37 million Series A investment round with Left Lane Capital serving as the lead investor, capitalizing on the expanding adoption of stablecoins for payment processing and international money transfers even as the overall cryptocurrency sector experiences challenging market conditions.
International stablecoin transaction volumes increased by 77.5% to reach $220.3 billion during the twelve-month period concluding in June 2026, while the broader cryptocurrency marketplace contracted by over one-third during this identical timeframe, based on data from Chainalysis.
In an interview with Cointelegraph, HIFI CEO Zach Walsh explained that this Series A represents the firm's inaugural priced equity funding round. The organization chose not to publicly reveal its post-funding valuation. "HIFI is processing approximately $7 billion in annualized volume directly through its platform," Walsh said.
This capital injection arrives during a period when increasing numbers of payment transactions and financial instruments are migrating to blockchain networks, creating heightened demand for infrastructure solutions that bridge these networks with traditional banking systems.
Major institutions including Visa and the Depository Trust & Clearing Corporation (DTCC) have been launching or piloting blockchain-enabled financial infrastructure platforms.
HIFI expands into tokenized capital markets
The infrastructure platform developed by HIFI enables its clients to convert dollars into stablecoins and vice versa, distribute payments via US banking infrastructure and payment cards, and complete the dollar-denominated portion of tokenized repurchase agreement and Treasury bond transactions in United States currency.
"This financing will support the scaling of HIFI's tokenized capital markets infrastructure and the expansion of its broader product suite, including stablecoin payments products," Walsh told Cointelegraph.
During July, DTCC executed production-level trades utilizing tokenized financial instruments across multiple market operations, encompassing US Treasury and repo settlement, equity transactions, securities lending and collateral workflows. HIFI participated alongside more than 30 other firms, including BlackRock, Goldman Sachs and Nasdaq.
These production transactions encompassed US Treasury and repo delivery-versus-payment trades, equity transactions, securities lending and collateral workflows leveraging assets maintained at the Depository Trust Company that had undergone conversion into tokenized digital representations. DTCC has scheduled the official launch of its Tokenization Service for October.
HIFI has additionally broadened its service offerings to include card-based payout capabilities via Visa Direct. The company's platform enables clients to transform USDC stablecoins and transmit the resulting funds to qualified Visa debit and credit cards worldwide, based on information provided on the company's website.
This strategic expansion occurs as Visa documents increasing utilization of stablecoins throughout its global payments infrastructure. On Sept. 9, the payment processing giant reported that over 160 stablecoin-connected card programs were operational worldwide during its fiscal second quarter, with transaction volume processed through these programs climbing nearly 200% year over year.
Visa additionally disclosed that its stablecoin settlement transaction volume had exceeded a $20 billion annualized run rate, representing more than 15 times its level from one year prior.