HIFI Secures $37M for Stablecoin Payments and Tokenized Markets Expansion

HIFI, a stablecoin infrastructure provider, has secured $37 million in Series A funding from Left Lane Capital. This investment comes as the broader crypto market faces challenges.

According to Chainalysis, cross-border stablecoin flows rose 77.5% to $220.3 billion over the past year, while the wider crypto market contracted by more than a third. This growth demonstrates the resilience of stablecoin-related use cases.

HIFI processes approximately $7 billion in annualized volume through its platform. The company will use the funding to scale its 'tokenized capital markets' infrastructure and extend its product suite, including stablecoin payments offerings.