HIFI raises $37 million Series A led by Left Lane Capital

HIFI closes a $37 million Series A

HIFI, a New York-based company that works on stablecoin payments and tokenized assets, says it has raised $37 million in Series A funding. The round was led by Left Lane Capital.

The company announced the funding in a statement shared with The Block on Thursday, September 24, 2026. HIFI said the money will go toward its tokenized capital-markets infrastructure and a broader product suite.

The round at a glance

• Amount raised: $37 million.
• Round type: Series A, an early funding round for a growing private company.
• Lead investor: Left Lane Capital.
• Stated use of funds: tokenized capital-markets infrastructure and a wider product suite.

What HIFI's platform does

HIFI sells API infrastructure. An API is a set of connections that lets one software program talk to another. HIFI says its product ties money movement, compliance checks, and settlement into a single integration that works across traditional bank rails and digital assets.

The company says it processes more than $7 billion in annualized volume across 87 countries. Annualized volume means the total value processed, scaled to a full year.

Earlier work with DTCC and Visa

According to the company's statement, the Series A comes after HIFI took part in DTCC's July production trades that used DTC-tokenized securities. HIFI said it worked alongside BlackRock, Goldman Sachs, and Nasdaq on those trades. Tokenized securities are traditional financial assets represented as digital tokens.

HIFI also said it partnered with Visa earlier this month to extend its stablecoin settlement platform to money transfers and card payments. The company said the partnership will initially support stablecoin-funded payouts to more than 4 billion Visa cards worldwide. A stablecoin is a cryptocurrency designed to hold a steady value, usually tied to the U.S. dollar.

Stablecoin supply keeps growing

The funding news comes as the stablecoin market remains large. According to The Block's data dashboard, the total supply of dollar-pegged tokens is now above $295 billion. Tether's USDT accounts for about $183.4 billion of that, while Circle's USDC has a supply of nearly $76 billion.

Visa said earlier in September that its stablecoin settlement had passed a $20 billion annualized run rate, which it described as more than 15 times the level a year earlier. Visa also released a survey on Wednesday that found 56% of U.S. adults would use stablecoins if they came with hypothetical bank-level fraud protection and deposit insurance. Without those protections, the survey found that figure falls to 36%.

What is confirmed and what is not

Confirmed: HIFI says it raised $37 million in a Series A led by Left Lane Capital, and The Block reported the announcement along with the details the company provided.

Reported by the company, not independently verified in the source material: HIFI's processing volume of more than $7 billion annualized across 87 countries, its participation in DTCC's July tokenized-securities trades, and the scope of its Visa partnership.

Unclear: the source material does not disclose other investors in the round, the valuation, or how the $37 million will be split between infrastructure work and new products.

Why this funding stands out

HIFI sits in a part of crypto that connects traditional banking with digital assets. Its stated focus is on the plumbing that moves money, checks compliance, and settles transactions, rather than on issuing a token of its own. The round points to continued investor interest in stablecoin payments and tokenized asset settlement, a market that The Block's data shows has grown to more than $295 billion in dollar-pegged token supply.

Sources

• The Block