
HIFI, the New York startup wiring bank rails, stablecoins and Wall Street's tokenized securities into one API, just raised a $37 million Series A led by Left Lane Capital. The company says it moves more than $7 billion a year, counts Sumitomo as a customer, and was in DTCC's tokenized production trades alongside BlackRock and Goldman. Here's how it works, who it's up against, from Stripe's Bridge to Circle, and the risks worth watching.
Chapters
0:00 HIFI in 30 seconds
0:19 1968: when Wall Street closed on Wednesdays
0:59 The $37M Series A
2:05 One API, three sets of pipes
4:11 DTCC, tokenized repo and Visa
7:10 The stablecoin market
8:53 Brian's Take
Startup Bios is the show about the newest startups coming out of stealth, hosted by Brian McCullough. Like and subscribe, and get the audio version on the Startup Bios podcast wherever you get your podcasts.
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