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

New York City-based HIFI has raised $37 million in a Series A funding round led by Left Lane Capital to expand its tokenized settlement and capital markets infrastructure.

New York City-based HIFI has secured $37 million in a Series A funding round led by Left Lane Capital. The company provides application programming interface (API) infrastructure for stablecoin payments and settlements.[1][2]

The company plans to use the financing to scale tokenized settlement infrastructure and expand its tokenized capital markets infrastructure. HIFI Chief Executive Officer Zach Walsh told Cointelegraph that the Series A marks the company's first priced funding round, though HIFI did not disclose its valuation.[2][3]

Key facts

  • HIFI raised $37 million in a Series A funding round led by Left Lane Capital.
  • HIFI is based in New York City and builds API infrastructure for stablecoin payments and settlements.
  • The funds will be used to scale tokenized settlement infrastructure and expand tokenized capital markets infrastructure.
  • HIFI CEO Zach Walsh stated that the Series A is the company's first priced funding round.
  • HIFI did not disclose its valuation in the round.

Sources · 3 sources

  1. TE

    Techmeme@TechmemePost on X ·

    New York City-based HIFI, which provides API infrastructure for stablecoin payments and settlements, raised a $37M Series A led by Left Lane Capital (@dangawrites / The Block) (Visit Techmeme dot com for the link and full context!)

    Open source
  2. TB

    The BlockArticle ·

    HIFI raises $37 million Series A to expand tokenized capital markets infrastructure HIFI raised $37 million in Series A funding led by Left Lane Capital to scale tokenized settlement infrastructure.

    Open source
  3. CT

    Coin TelegraphArticle ·

    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.

    Open source