HIFI the New York stablecoin infrastructure crew just grabbed a 37 million dollar Series A round led by Left Lane Capital fr. The funding is all about snagging licenses pushing cards and diving deeper into capital markets rn. 🖤 Matthew Miller from Left Lane joins the board too and their platform is already moving over 7 billion dollars yearly with customer usage up four times in just six months.
Repo Trades Meet Visa Payouts 🔥
Companies like Sumitomo are rebuilding cash ops on it while Dapper builds marketplaces and Arival Bank handles stablecoin payments. A recent Form D shows 27.3 million dollars in equity with 21.8 million sold to 24 investors. They jumped into that DTCC tokenized repo pilot alongside big names like BlackRock and Goldman Sachs and even powered a live trade on Tradeweb settled with USDCx. This month they dropped stablecoin push to card payouts via Visa Direct hitting over 4 billion cards worldwide plus Circle Payments Network integration. 🌙 Visa and DTCC help validate Circle’s Arc blockchain with others like BlackRock.
“We think of settlement as one problem not three.” said Zach Walsh CEO of HIFI.
Licenses Cards And Capital Markets Vibes 💳
The cash goes toward extra regulatory licenses expanding the New York and global team plus extending into cards and capital markets where custody stays the toughest part kinda. Payment stablecoins got a federal framework under the GENIUS Act back in July 2025 with total supply near 307 billion dollars. The SEC dropped an Innovation Exemption on September 17 letting permissioned spots trade tokenized US stocks onchain. 😈
“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.
Companies on the platform have onboarded over 10,000 businesses and 200,000 individuals with payouts in 87 countries. 👀 This stuff feels like the future of defi rails lol. 🚀
Just another echo from the void by iconofsin.eth 💖
