HIFI Secures $37M to Expand Tokenized Money Settlement Infrastructure
Stablecoin platform grows fourfold in six months, integrates Visa Direct for global payouts.
1Series A funding details
HIFI raised $37 million in Series A funding led by Left Lane Capital, with Matthew Miller joining the board. The funds will be used for regulatory licenses, card integrations, and capital markets expansion. A separate SEC filing revealed $27.3 million in equity offerings, with $21.8 million already sold to 24 investors since August 19. The company's platform currently processes over $7 billion annually, with usage growing fourfold among existing customers in just six months.
2Platform adoption metrics
HIFI's infrastructure now supports over 10,000 businesses and 200,000 individuals across 87 countries. Major clients include Sumitomo for cash management, Dapper for digital marketplaces, and Arival Bank for stablecoin payments. The platform participated in DTCC's July tokenized securities trades involving BlackRock, Goldman Sachs, and J.P. Morgan. These trades covered collateral pledges, securities lending, and Treasury settlements ahead of DTCC's October tokenization service launch.
3Tokenized repo innovation
HIFI played a key role in the tokenized repo pilot, including supporting a live trade between DRW and Marex on Tradeweb. These transactions settled on Canton Network using USDCx as the cash component. The company's approach consolidates multiple settlement processes into one unified solution, addressing what CEO Zach Walsh describes as 'one problem, not three' in financial settlements.
4Visa Direct integration
This month, HIFI launched stablecoin push-to-card payouts through Visa Direct, initially enabling transactions to over 4 billion Visa cards worldwide. The company also integrated with Circle Payments Network. Visa and DTCC serve as founding validators of Circle's Arc blockchain alongside financial heavyweights like BlackRock and Mastercard. This positions HIFI at the intersection of traditional finance and blockchain-based solutions.
5Regulatory developments
The funding will expand HIFI's regulatory licenses to bring more of its stack under direct control. This comes as payment stablecoins gain federal framework under the GENIUS Act effective July 2025. The stablecoin market currently stands near $307 billion. On September 17, the SEC issued an Innovation Exemption permitting onchain trading of tokenized US stocks on permissioned venues.
6Market positioning
Left Lane Capital's Matthew Miller views HIFI as building a critical layer in the tokenized money market. The platform provides developers with cross-network, cross-border infrastructure for financial products. HIFI's expansion into cards and capital markets focuses on solving custody and control challenges. The company maintains offices in New York and internationally to support its growing operations.
7Technical capabilities
HIFI's infrastructure handles diverse financial operations including repo trades, securities settlements, and global payouts. The platform's ability to process tokenized securities and stablecoins positions it as a bridge between traditional finance and blockchain. Its participation in DTCC's pilot programs demonstrates regulatory compliance and institutional-grade capabilities in the emerging tokenized assets space.
8Industry implications
HIFI's growth reflects increasing institutional adoption of tokenized assets. The $37 million funding round validates the demand for settlement rails that connect traditional finance with blockchain networks. As regulatory clarity improves, platforms like HIFI that combine licenses, technical infrastructure, and partnerships with major financial players are poised to shape the future of money movement.