Left Lane Capital led the Series A. HIFI, which converts US dollars into USDCx for Canton wallets, says it handles more than $7 billion a year in volume across 87 countries.
Franklin Templeton sold, Virtu Financial bought, and the security and the cash moved together. Tradeweb calls it the first real-time on-chain Treasury trade on its platform.
DRW and HIFI traded as principals and Marex acted as prime broker and settlement agent. Temple calls it the first such repo on an exchange venue; the size was not disclosed.
Circle's USDC-backed dollar on Canton is the most traded asset CantonCap tracks, with $6.8 million in a day across five venues.
