Stablecoin infrastructure company HIFI has successfully raised $37 million in a Series A funding round led by Left Lane Capital. The capital injection arrives at a time when the use of stablecoins for commercial payments and cross-border transfers continues to experience robust growth, defying broader weakness and contraction in the wider cryptocurrency market.
The rapid expansion of stablecoin utility highlights a decoupling of utility-driven blockchain transactions from speculative token price movements. According to data from blockchain analytics firm Chainalysis, cross-border stablecoin flows surged by 77.5% to reach $220.3 billion in the 12-month period ending June 2026. This impressive growth occurred even as the wider cryptocurrency market shrank by more than a third over the exact same timeframe, underscoring a fundamental shift toward blockchain rails for real-world financial settlements.
Speaking with industry media, HIFI Chief Executive Officer Zach Walsh revealed that the Series A round represents the company’s first priced funding event. While the firm opted not to disclose its corporate valuation, Walsh highlighted the significant scale of HIFI’s current operations. According to the CEO, HIFI is currently processing approximately $7 billion in annualized transaction volume directly through its proprietary platform.
This fresh capital infusion comes as a growing volume of traditional payments, financial assets, and debt instruments migrate onto blockchain networks. This migration has triggered an unprecedented demand for reliable, secure infrastructure capable of seamlessly connecting modern distributed ledger networks to the legacy traditional banking system. Financial institutions and market utilities are increasingly looking for ways to bridge these two worlds without compromising on speed, compliance, or security.
Major financial market operators and global payment giants have actively accelerated these trends. Established institutions such as Visa and the Depository Trust & Clearing Corporation (DTCC) have been actively rolling out, testing, and scaling blockchain-based financial infrastructure designed to modernize legacy settlement systems and reduce operational friction.
HIFI Expands into Tokenized Capital Markets
HIFI’s underlying infrastructure is built to solve complex integration challenges by allowing customers to seamlessly move fiat dollars into and out of stablecoins, execute payouts through traditional US banking rails and payment cards, and settle the cash side of tokenized repo and Treasury transactions securely in US dollars.
"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 noted regarding the strategic deployment of the newly acquired capital.
The timing of HIFI’s expansion into tokenized capital markets aligns closely with major milestones achieved by traditional market infrastructure providers. In July, the DTCC conducted live production trades utilizing tokenized securities across several critical market functions. These operational trials encompassed US Treasury and repo settlement, complex equity transactions, securities lending, and multifaceted collateral workflows.
HIFI was notably among more than 30 prominent firms that participated in these landmark trials, standing alongside Wall Street heavyweights such as BlackRock, Goldman Sachs, and Nasdaq. The transactions executed during these tests included US Treasury and repo delivery-versus-payment trades, equity transactions, securities lending, and collateral workflows. These operations utilized traditional assets held at the Depository Trust Company that had been successfully converted into secure tokenized representations. Following the success of these production trades, the DTCC announced plans to officially launch its comprehensive Tokenization Service.
In parallel with its capital markets initiatives, HIFI has aggressively expanded its capabilities into card-based payouts through strategic integrations such as Visa Direct. The company’s platform enables corporate customers to convert USD Coin (USDC) and immediately push the resulting funds to eligible Visa debit and credit cards on a global scale, according to details published on the company’s official platform.
This expansion mirrors broader trends reported by Visa concerning the accelerating adoption of stablecoins across its vast international payments network. Visa public disclosures highlighted that more than 160 distinct stablecoin-linked card programs were live globally during the company’s fiscal second quarter. Payment volume flowing through these specialized programs registered a staggering year-over-year increase of nearly 200%. Furthermore, Visa reported that its overall stablecoin settlement volume had comfortably surpassed an annualized run rate of $20 billion, representing a more than 15-fold increase compared to its levels from just a year prior.
As traditional finance and decentralized digital assets continue to converge, infrastructure providers like HIFI are positioning themselves at the center of a rapidly evolving financial ecosystem, providing the essential plumbing required to support multi-billion-dollar daily flows across global borders.
