HIFI Secures $37M for Stablecoin Payments Expansion
Stablecoin infrastructure company HIFI has secured $37 million in Series A funding from Left Lane Capital. The investment will support the scaling of HIFI's tokenized capital markets infrastructure and the expansion of its stablecoin payments products.
HIFI CEO Zach Walsh noted that this is the company's first priced funding round, with no disclosed valuation. He also stated that the firm processes around $7 billion in annualized volume directly through its platform.
The growth in cross-border stablecoin flows has been significant, increasing by 77.5% to $220.3 billion over the past 12 months ending June 2026, according to Chainalysis. This trend continues despite a decline of over a third in the broader crypto market during the same period.
HIFI's platform allows for various financial operations, including converting USDC into card-based payouts through Visa Direct and settling cash side of tokenized repo and Treasury transactions in US dollars.