HIFI raises $37M to bridge banking and stablecoins

HIFI has raised $37 million, according to reports, to expand its platform connecting regulated banking directly to stablecoins and tokenized assets. The company has previously cited $7 billion in annualized volume and participation in DTCC’s tokenized trades, along with a partnership with Visa.

The funding comes as some fintech infrastructure plays explore ways to reduce friction between traditional finance and on-chain liquidity. Earlier this month, Chift raised €10.5 million to build a financial connectivity layer for European software vendors. HIFI’s model appears to focus on enabling interactions between banks and stablecoins, potentially allowing for faster settlement than traditional batch processes.

The round arrives at a time when some financial institutions are testing tokenized asset rails, though regulatory clarity remains uncertain. HIFI’s collaboration with Visa could suggest an effort to make stablecoins more widely accepted, though the scope of such partnerships is often limited in early stages.

The investment also aligns with a broader trend in fintech, where some companies shift toward infrastructure rather than consumer-facing products. In some markets, like Kazakhstan, fintechs have moved in this direction as banks strengthen their dominance in consumer services. Whether HIFI can scale may depend on how quickly traditional financial players adopt similar solutions—or how regulators shape the environment for real-time tokenized settlement.

For now, the funding provides an opportunity to test its approach. Future developments may reveal whether demand for such services grows organically or through deeper ties with established financial networks. If the latter, it could indicate a shift in how money moves between systems.

Sources: alleywatch.com