Stablecoin infrastructure provider HIFI has raised $37 million in a Series A round led by Left Lane Capital, giving the company new capital to expand its payment products and tokenized capital-markets infrastructure.
The New York-based company said the financing will support a platform that connects stablecoins with bank rails, payment networks and onchain settlement. HIFI did not disclose its valuation. Chief executive Zach Walsh told Cointelegraph that this was the company’s first priced funding round.
The round is notable less as a bet on a new stablecoin than as investment in the connective layer around existing forms of digital money. Payment firms building with stablecoins still need regulated entry and exit points, transaction controls, compliance processes, treasury tools and reconciliation across multiple networks. HIFI is positioning one integration as the control plane for those functions.
Payments and tokenized markets converge at settlement
HIFI says its infrastructure can accept, convert, route and settle value across stablecoins and banking systems. Its product scope includes cross-border payments, programmable transaction workflows and cash settlement for tokenized financial assets. The company said the funding will also support card products, but it has not provided a timetable for the expanded product suite.
That breadth reflects a practical overlap between payment infrastructure and tokenized markets. A cross-border stablecoin payout and a delivery-versus-payment transaction serve different customers, yet both depend on coordinated movement of cash, assets and compliance data. Building those functions on a shared settlement layer could reduce the number of separate integrations an operator must maintain. Whether that produces lower costs or faster deployment will depend on implementation, counterparties and regulatory coverage; the funding announcement does not establish those outcomes.
HIFI was among more than 30 firms that participated in a July initiative in which the Depository Trust & Clearing Corporation processed production transactions using tokenized representations of securities held at the Depository Trust Company. DTCC said the broader initiative covered Treasury and repo delivery-versus-payment trades, equities, securities lending and collateral workflows. DTCC’s participant list confirms HIFI’s involvement, but does not specify which transaction HIFI handled or quantify its individual contribution.
Company metrics require context
HIFI says its platform is processing more than $7 billion in annualized volume and serves more than 10,000 businesses and 200,000 end users, with payouts supported across 87 countries. These are company-reported operating metrics, not audited results, and annualized volume is a run-rate measure rather than revenue or completed annual throughput.
For payments companies, the more important signal is where HIFI plans to deploy the capital. Funding an infrastructure layer across stablecoin payments, card payouts and tokenized securities implies that providers increasingly see these as connected operating problems rather than isolated product categories. A platform that spans them could help customers reuse compliance, liquidity and routing capabilities across several products.
Execution risk remains substantial. Coverage across jurisdictions depends on local banking and payment partners, while tokenized capital-market transactions bring requirements around asset ownership, settlement finality and regulated market infrastructure. Product pages and funding plans also should not be read as proof that every feature is commercially available in every market.
The Series A gives HIFI resources to test its unified-infrastructure thesis at larger scale. The next evidence for payments operators will be operational: which corridors and products move into production, how broadly customers can access them, and whether a common settlement layer can simplify compliance and reconciliation without concentrating new dependencies in a single provider.