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HIFI Raises $37M Series A to Build Settlement Rails for Tokenized Money
Left Lane Capital leads as the New York company processes more than $7B a year across stablecoin and tokenized asset flows.
HIFI, a New York company building settlement infrastructure for stablecoins and tokenized assets, has raised a $37 million Series A led by Left Lane Capital.
The company was founded by Zach Walsh and Mo Afifi.
Rails for Tokenized Money
HIFI provides the plumbing that lets businesses move money on blockchain rails: stablecoin payments, treasury management, collateral handling and capital markets functions.
"Stablecoins are becoming money in their own right: a dollar that can move anywhere in the world in seconds, settle at any hour, and be written directly into software," Walsh said.
Volume and Growth
The platform processes more than $7 billion annually, and the company says customer usage has grown more than fourfold in the past six months. Businesses using HIFI have onboarded over 10,000 companies and more than 200,000 individuals.
HIFI has worked with DTCC on a tokenized repo pilot and lists Tradeweb, DRW, Marex, the Canton Network, the Circle Payments Network and Visa Direct among its partners and integrations.
Where the Money Goes
The company plans to use the funding to obtain additional regulatory licenses, expand its team in New York and select international markets, and extend the product into cards and capital markets.
Licensing is the expensive part of this business. Moving dollars for institutions means money transmitter registrations and, increasingly, bank-adjacent charters in multiple jurisdictions.
CryptoPotato framed the round as funding for settlement rails aimed at institutional users rather than retail traders.
Why It Matters
Stablecoin volumes have moved well past crypto trading into payroll, cross-border payments and treasury operations, and traditional financial institutions have started running pilots on tokenized versions of familiar instruments like repo.
That shift creates demand for unglamorous infrastructure: who holds the collateral, how settlement finality works, what happens when a payment fails. HIFI is betting the winners in this category will look more like payment infrastructure companies than crypto startups.
"Most of what finance will look like on these rails hasn't been built yet," Walsh said.
Source
HIFI — "HIFI raises $37M Series A to build the infrastructure for tokenized money"