HIFI, a stablecoin infrastructure provider, has raised $37 million in a Series A funding round led by Left Lane Capital. The financing marks its first priced funding round and aims to bolster its platform’s capacity for stablecoin payments and tokenized capital markets. The company’s platform processes approximately $7 billion in annualized volume, according to CEO Zach Walsh, reflecting its role in facilitating cross-border transactions and integrating blockchain-based financial services with traditional banking systems.
The growth in stablecoin usage for payments and cross-border transfers has been notable despite broader crypto market declines. Chainalysis data shows cross-border stablecoin flows surged 77.5% to $220.3 billion over the 12 months ending June 2026, contrasting with a more than 30% contraction in the broader crypto market during the same period.
HIFI’s expansion aligns with broader industry trends, as major financial institutions test blockchain-based solutions. In July, the Depository Trust & Clearing Corporation (DTCC) conducted production trades using tokenized securities, including US Treasury and repo transactions, equity settlements, and collateral workflows. The initiative involved over 30 firms, including BlackRock, Goldman Sachs, and Nasdaq, and DTCC plans to launch its Tokenization Service in October.
HIFI’s platform enables customers to convert USDC into stablecoin payments and settle cash transactions via US banking rails and Visa cards globally. The company’s stablecoin payouts feature through Visa Direct have seen rapid adoption, with Visa reporting 160 stablecoin-linked card programs live globally in its second fiscal quarter, and annualized settlement volumes exceeding $20 billion—a 15-fold increase from the prior year.
The funding will support HIFI’s expansion into tokenized capital markets, including stablecoin payments and broader product development. As stablecoin adoption grows, HIFI’s infrastructure is positioned to play a key role in bridging blockchain-based financial services with traditional payment systems.
