HIFI secures $37M Series A to expand tokenized money settlement tools

• HIFI’s platform moves more than $7 billion a year, with usage among existing customers up more than fourfold in six months.
• A Form D filed with the SEC on September 3 shows $21.8 million of a $27.3 million equity offering sold to 24 investors since a first sale on August 19.
• HIFI joined DTCC’s July 15 production trades alongside BlackRock, Goldman Sachs, J.P. Morgan and Nasdaq, ahead of an October launch of DTCC’s tokenization service.

• $37M Series A size versus the $27.3M SEC offering already partly sold
• $7B annual settlement volume against fourfold customer growth in six months
• $307B total stablecoin supply industry-wide, per Blockworks data

HIFI said Thursday that Left Lane Capital led the $37 million Series A, with Matthew Miller, the firm’s managing partner, joining HIFI’s board. The company said the capital will fund additional regulatory licenses, a larger team in New York and abroad, and an expansion from payments into cards and capital markets.

HIFI’s Platform Moves $7 Billion a Year as Usage Quadruples

HIFI said its platform now processes more than $7 billion annually, with usage among existing customers growing more than fourfold over the past six months. Companies building on the infrastructure have onboarded over 10,000 businesses and 200,000 individuals, with payouts reaching 87 countries.

Sumitomo is rebuilding its cash management and trading operations on the platform. Dapper is building digital marketplaces on it, while Arival Bank runs stablecoin payments through the system.

The Form D that HIFI Bridge, Inc. filed with the SEC on September 3 discloses a $27.3 million equity offering, of which $21.8 million has sold to 24 investors since a first sale on August 19. That filing runs alongside, not in place of, the $37 million Series A, giving HIFI two active capital tracks heading into its licensing push.

DTCC’s July 15 Trades Put HIFI Beside BlackRock and Goldman Sachs

DTCC ran production trades with tokenized, DTC-held securities on July 15 across more than 30 firms, including BlackRock, Goldman Sachs, J.P. Morgan and Nasdaq, covering collateral pledges, securities lending and Treasury and repo settlement ahead of an October launch of its full tokenization service.

HIFI said it took part in the tokenized repo pilot and also supported a live tokenized repo trade on Tradeweb between DRW and Marex, settled on Canton with USDCx as the cash leg.

CEO Zach Walsh framed the company’s approach to that convergence of payments, custody and settlement in a single line.

We think of settlement as one problem, not three.

Zach Walsh, CEO, HIFI

Walsh said custody and control remain the hardest technical problems as HIFI extends from payment rails into cards and capital markets, the two areas the new funding is meant to underwrite directly.

Visa Direct Payouts Reach More Than 4 Billion Cards

HIFI this month launched stablecoin push-to-card payouts through Visa Direct, starting with reach to more than 4 billion Visa cards worldwide, and has integrated with the Circle Payments Network. Visa and DTCC are founding validators of Circle’s Arc blockchain alongside BlackRock, Mastercard and Standard Chartered, tying HIFI’s payout rail to the same validator set overseeing that network.

The regulatory backdrop shifted twice in recent months. Payment stablecoins gained a federal framework under the GENIUS Act in July 2025, and the SEC issued an Innovation Exemption on September 17 letting permissioned venues trade tokenized US stocks onchain.

Stablecoin supply stands near $307 billion industry-wide, according to Blockworks, a base HIFI’s licensing plan is designed to plug directly into rather than route around. Matthew Miller said the round positions the company to serve developers working across chains.

“HIFI is building an important layer in that market, giving developers the infrastructure to create products that can operate across networks and borders,” Miller said.

The CCS read. HIFI’s real bet is regulatory, not technical: bringing licenses in-house lets it stand between banks and stablecoin flows without leaning on partner charters. That matters more than the $7 billion volume figure, since scaled settlement rails only survive under the current supervisory push if the operator holds its own approvals.

HIFI’s next test is whether it converts the Sumitomo, Dapper and Arival Bank relationships into direct licensed operations before DTCC’s October tokenization launch broadens the field of institutional counterparties competing for the same settlement business.

Original reporting: cryptopotato.com