HIFI Completes $37 Million Series A Funding Led by Left Lane Capital

Stablecoin infrastructure company HIFI has completed a $37 million Series A funding round, led by Left Lane Capital, with specific valuation details yet to be disclosed. HIFI CEO Zach Walsh stated that this is the company's first priced round of financing, and the platform currently processes approximately $7 billion in annual direct transaction volume. The funds from this round will be used to expand stablecoin payment products and tokenized capital market infrastructure. HIFI currently supports the flow of funds between USD and stablecoins, facilitating payments through the U.S. banking system and credit cards, and provides USD cash settlement services for tokenized repurchase agreements and U.S. Treasury transactions. HIFI is also participating in the tokenized securities production trading tests conducted by the U.S. Depository Trust & Clearing Corporation (DTCC).

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