HIFI, which provides API infrastructure for tokenized capital markets, has raised a $37 million Series A led by Left Lane Capital to scale its tokenized-markets platform and expand its stablecoin payments and card products.
As reported by The Block, the company's infrastructure combines money movement, compliance and settlement across bank rails and digital assets. HIFI says it processes more than $7 billion in annualized volume across 87 countries, has onboarded more than 10,000 businesses and serves about 200,000 end users. These figures are company-reported and have not been independently verified.
The company's institutional credentials are its most notable feature. HIFI took part in DTCC's July production trades in DTC-tokenized securities alongside BlackRock, Goldman Sachs and Nasdaq. In September it partnered with Visa to extend its stablecoin settlement platform to payouts on more than 4 billion Visa cards. Other named partners include Sumitomo, for cash management and trading operations, Dapper, for digital marketplaces, and Arival Bank, for stablecoin payment experiences.
The proceeds will go toward scaling the tokenized capital-markets infrastructure and broadening the product suite. The company did not name other participants in the round in the materials reviewed.
Chief executive Zach Walsh framed the strategy as a convergence of payments and securities: whether a stablecoin settles a payment, a tokenized receivable funds a card or a tokenized security clears a trade, he said, "the underlying event is identical: value moves and settles instantly, instead of moving now and settling days later."
The round is a data point for investors tracking whether capital is concentrating in vendors that are winning real institutional participation. HIFI's role in the DTCC production trades, a milestone covered earlier by Blockchain Monitor, gives its Series A a named, verifiable deployment behind it.