HIFI Raises $37 Million in Series A Led by Left Lane Capital
The stablecoin infrastructure company will use the funding to expand payment products and tokenized capital-markets infrastructure. Its valuation was not disclosed.
HIFI has raised $37 million in a Series A led by Left Lane Capital, giving the stablecoin infrastructure company new capital to expand payments and tokenized capital-markets services.
HIFI did not disclose its valuation. The funding will support products that connect dollars and stablecoins, including transfers through the U.S. banking system and payments made with bank cards.
The company also provides dollar cash settlement for tokenized repurchase agreements and U.S. Treasury trading. A repurchase agreement, or repo, is a short-term transaction in which securities are exchanged for cash with an agreement to reverse the trade later.
The financing comes as financial infrastructure firms build services around stablecoin distribution, dollar access and institutional settlement. HIFI’s offering covers both consumer-facing payment rails and the cash side of tokenized financial-market transactions.
