HIFI Secures $37 Million to Enhance Stablecoin and Tokenized Market Infrastructure
- HIFI raised a $37 million Series A funding round led by Left Lane Capital.
- The company aims to expand stablecoin payments, card products, and infrastructure for tokenized capital markets.
- HIFI’s platform processes over $7 billion in annualized volume across more than 87 countries.
- The firm has collaborated with Visa on stablecoin-funded payouts reaching billions of cards.
- HIFI participated in DTCC’s July production trades involving DTC-tokenized assets with major firms like BlackRock and Goldman Sachs.
HIFI is leveraging its recent funding to enhance the integration between traditional banking systems and blockchain-based settlements, focusing on stablecoins and tokenization of securities. This positions HIFI as a key player in bridging the gap between digital assets and conventional financial institutions.
With over $7 billion processed annually, HIFI is set to expand its role in the evolving financial landscape where traditional payments, stablecoins, and securities settlement converge. (Source)