HIFI Raises $37M Series A to Build Settlement Rails for Tokenized Money
HIFI raised a $37 million Series A led by Left Lane Capital, with the company saying the money will go to licenses, cards and capital markets infrastructure. The round was described as the largest venture financing in a weekly crypto funding tally, and one investor joined HIFI’s board.
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Users and customers who already use HIFI’s platform would notice the company pushing further into stablecoin payments, cards and tokenized market infrastructure. The company also said its system handles more than $7 billion in annualized volume across 87 countries, so the scope of activity is already broad and visible to participants on the platform. (per newsbtc.com)
What changes in practice is that HIFI now has fresh Series A backing to pursue licenses, cards and capital markets work, and one investor from the round has taken a board seat. What does not change is that the company was already active in tokenized securities trades and already described a platform processing volume at scale.
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