- Stablecoin infrastructure provider HIFI raises $37 million in a Series A led by Left Lane Capital, its first priced round.
- Cross-border stablecoin flows surged 77.5% to $220.3 billion in the year ending June 2026, even as the broader crypto market contracted.
- HIFI participates in DTCC‘s production tokenization trades alongside BlackRock, Goldman Sachs, and Nasdaq, aiming to expand into tokenized capital markets.
- The company integrates with VISA Direct for card-based stablecoin payouts, as Visa reports stablecoin-linked card volume up nearly 200% year over year.
HIFI, a stablecoin infrastructure company, has raised $37 million in a Series A funding round led by Left Lane Capital as stablecoin adoption for payments and cross-border transfers accelerates despite a weaker crypto market. Cross-border stablecoin flows rose 77.5% to $220.3 billion in the 12 months ending June 2026, according to Chainalysis, even as the wider crypto market shrank by more than a third over the same period.
CEO Zach Walsh told Cointelegraph that this is the company’s first priced funding round, though its valuation remains undisclosed. “HIFI is processing approximately $7 billion in annualized volume directly through its platform,” Walsh said. Meanwhile, the financing will support scaling HIFI’s tokenized capital markets infrastructure and expanding its stablecoin payments product suite.
In July, DTCC conducted production trades using tokenized securities across US Treasury and repo settlement, equity transactions, and collateral workflows, with HIFI joining more than 30 firms including BlackRock, Goldman Sachs, and Nasdaq. DTCC plans to launch its Tokenization Service in October.
HIFI has also expanded into card-based payouts through Visa Direct, allowing customers to convert USDC and send proceeds to eligible Visa debit and credit cards globally, according to the company. Visa reported over 160 live stablecoin-linked card programs during its fiscal second quarter, with payment volume rising nearly 200% year over year and stablecoin settlement volume surpassing a $20 billion annualized run rate.
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