Stablecoin infrastructure provider HIFI has raised $37 million in a Series A funding round led by Left Lane Capital, marking the company’s first priced equity financing. The capital injection aims to scale HIFI’s tokenized capital markets infrastructure and broaden its product suite, specifically targeting stablecoin payments and cross-border transfer capabilities. CEO Zach Walsh confirmed that the platform currently processes approximately $7 billion in annualized volume directly through its systems, facilitating dollar-to-stablecoin conversions, US banking rail payouts, and cash settlement for tokenized repo and Treasury transactions.
The fundraising occurs amid divergent market trends, where cross-border stablecoin flows increased by 77.5% to reach $220.3 billion in the twelve months ending June 2026, according to Chainalysis data, despite a contraction of more than one-third in the broader crypto market during the same period. This growth reflects rising institutional demand for blockchain-based financial infrastructure, evidenced by recent initiatives from Visa and the Depository Trust & Clearing Corporation (DTCC). In July, DTCC executed production trades involving tokenized securities across US Treasury, repo, and equity functions, with HIFI participating alongside major firms such as BlackRock, Goldman Sachs, and Nasdaq. Additionally, HIFI has integrated card-based payout capabilities via Visa Direct, allowing users to convert USDC into funds sent to eligible debit and credit cards globally.
The convergence of traditional finance infrastructure providers like DTCC and Visa with specialized stablecoin platforms indicates a structural shift toward hybrid settlement layers. While the broader crypto asset market faces volatility, the specific utility of stablecoins for cross-border liquidity and tokenized security settlement is demonstrating resilience and growth. HIFI’s ability to process billions in annualized volume suggests that the demand for compliant on-ramps and off-ramps is outpacing speculative trading activity, positioning infrastructure firms as critical intermediaries in this evolving landscape.
Regulatory and operational risks remain central to this expansion, particularly as institutions seek bank-like protections for digital assets. The integration of HIFI into DTCC’s tokenization workflows highlights the necessity for interoperability between legacy clearing systems and blockchain networks. Investors and market participants should monitor how these partnerships navigate compliance requirements, especially regarding the settlement finality of tokenized repos and the scalability of card-based stablecoin payouts, which are becoming key metrics for institutional adoption.
