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HIFI raises $37M to expand stablecoin payments, tokenized markets

3d ago•
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HIFI raises $37M to expand stablecoin payments, tokenized markets

HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation.

Stablecoin infrastructure company HIFI has raised $37 million in a Series A funding round led by Left Lane Capital as the use of stablecoins for payments and cross-border transfers continues to grow despite weakness in the broader crypto market.

Cross-border stablecoin flows rose 77.5% to $220.3 billion in the 12 months ending June 2026, even as the wider crypto market shrank by more than a third over the same period, according to Chainalysis.

HIFI CEO Zach Walsh told Cointelegraph that the Series A is the company’s first priced funding round. The company did not disclose its valuation. “HIFI is processing approximately $7 billion in annualized volume directly through its platform,” Walsh said.

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3d ago•
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