HIFI's stablecoin settlement and tokenized rails
HIFI announced a $37 million Series A led by Left Lane Capital, with Left Lane Managing Partner Matthew Miller joining the board. The company said the capital will fund expansion of its stablecoin settlement platform, card issuance, tokenized capital‑markets infrastructure, additional regulatory licenses, and staff growth in New York and abroad. HIFI reports its platform moves more than $7 billion in annualized volume, and that companies building on it have onboarded over 10,000 businesses and 200,000 individuals, with payouts reaching 87 countries.
HIFI has been part of industry pilots and live tokenized trades: it took part in DTCC’s July 15 production trades involving DTC‑tokenized securities across more than 30 firms, and supported tokenized repo pilots and a Tradeweb-settled tokenized repo trade that used USDCx as the cash leg. This month the company launched Visa Direct push‑to‑card payouts that can reach more than 4 billion Visa cards and has integrated with the Circle Payments Network. HIFI frames its product as an integrated API stack tying money movement, compliance and settlement across bank rails and digital assets.
The funding sits within a wider financing week that disclosed more than $104.2 million across eight deals: HIFI’s $37 million was the largest venture round, Forward Industries completed a $25 million registered direct stock offering, and Atum announced $13.5 million as it emerged from stealth. HIFI says the round will be used to bring more of the stack under its control through licenses, extend into cards and capital markets where custody and control remain challenging, and grow the team. Source filings referenced include a Form D for HIFI Bridge, Inc. covering a $27.3 million equity offering, of which $21.8 million had been sold to 24 investors as of early September; companies and observers note the line between private venture rounds and public registered offerings when tallying disclosed financing totals.