Sun, 27 Sep 2026
BTC $84,458 +0.45% ETH $2,687 -0.04% SOL $121.97 +0.51% Mkt cap $2.88T
RSS

Business

HIFI raises $37M to build settlement rails for tokenized money

The stablecoin infrastructure company secured Series A funding led by Left Lane Capital to expand into cards and capital markets.

The short answer

HIFI raised $37 million in Series A funding led by Left Lane Capital to build regulatory licenses, expand its team, and extend into cards and capital markets. The New York company processes over $7 billion annually and serves 10,000 businesses and 200,000 individuals across 87 countries.

What happened

HIFI secured $37 million in Series A funding led by Left Lane Capital, the company announced Thursday. Matthew Miller, managing partner at Left Lane Capital, joined HIFI's board as part of the deal. The stablecoin infrastructure company plans to deploy the capital toward additional regulatory licenses, team expansion in New York and internationally, and product development in cards and capital markets.

HIFI operates a platform connecting traditional bank rails with digital asset settlement and compliance processes. The company moves more than $7 billion annually and has grown usage among existing customers more than fourfold in six months. Businesses building on HIFI have onboarded more than 10,000 companies and 200,000 individuals, with payouts reaching 87 countries.

HIFI has moved quickly into capital markets infrastructure. The company participated in DTCC's July production trades with tokenized securities across more than 30 firms including BlackRock, Goldman Sachs, J.P. Morgan and Nasdaq. HIFI also supported a live tokenized repo trade on Tradeweb between DRW and Marex and this month launched stablecoin payouts through Visa Direct, starting with coverage of more than 4 billion Visa cards globally.

Why it matters

The funding arrives as regulatory frameworks around tokenized assets solidify. Payment stablecoins gained a federal framework under the GENIUS Act in July 2025, with stablecoin supply standing near $307 billion. The SEC issued an Innovation Exemption on September 17 allowing permissioned venues to trade tokenized US stocks onchain. These developments create room for infrastructure companies like HIFI to scale operations connecting traditional finance with digital assets.

HIFI's focus on custody and control across bank and digital networks positions it as a bridge between established payment infrastructure and emerging tokenized markets. The platform's ability to move settlement, compliance and money movement across systems addresses a central challenge in bringing capital markets and payment systems into a unified framework.

What the data shows

A Form D filing with the SEC by HIFI Bridge, Inc. on September 3 covers a $27.3 million equity offering, with $21.8 million sold to 24 investors since an initial sale on August 19. The filing documents portion of the broader Series A round.

Questions readers ask

What is HIFI and what does it do?

HIFI is a New York-based stablecoin infrastructure company that connects traditional bank payment rails with digital asset settlement and compliance processes. The platform enables money movement across bank systems and tokenized networks, serving businesses, individuals and financial institutions.

How much does HIFI process annually?

HIFI processes more than $7 billion annually. The company's customers include Sumitomo, Dapper and Arival Bank, and it serves more than 10,000 businesses and 200,000 individuals with payouts reaching 87 countries.

What is HIFI planning to build with the new funding?

HIFI plans to use the Series A to obtain additional regulatory licenses enabling more of its infrastructure to operate under HIFI directly, expand its team in New York and internationally, and develop new products in cards and capital markets.

What recent developments support HIFI's expansion?

HIFI participated in DTCC's July production trades with tokenized securities and launched stablecoin payouts through Visa Direct covering more than 4 billion Visa cards. The SEC issued an Innovation Exemption in September allowing permissioned venues to trade tokenized US stocks onchain.

Sources

  1. 1 Crypto DailyHIFI Raises $37M Series A to Build Tokenized-Money Infrastructure · 25 Sep, 14:31 UTC
  2. 2 CryptoPotatoHIFI Raises $37M Series A to Build Settlement Rails for Tokenized Money · 25 Sep, 22:02 UTC