HIFI raises $37M to expand stablecoin payments, tokenized markets
HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation.
HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation.
Stablecoin infrastructure company HIFI has raised $37 million in a Series A funding round led by Left Lane Capital as the use of stablecoins for payments and cross-border transfers continues to grow despite weakness in the broader crypto market.
Cross-border stablecoin flows rose 77.5% to $220.3 billion in the 12 months ending June 2026, even as the wider crypto market shrank by more than a third over the same period, according to Chainalysis.
HIFI’s infrastructure allows customers to move dollars into and out of stablecoins, send payouts through US banking rails and cards, and settle the cash side of tokenized repo and Treasury transactions in US dollars.