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About Infini
Infini is a stablecoin neobank offering multi-currency accounts, Visa virtual cards, cross-border collection and payroll to individuals and small businesses. Users deposit USDC or USDT and earn yield settled daily without locking funds, generated by a delta-neutral strategy built from funding-rate spreads, basis and staking carry across exchanges and onchain venues, with principal withdrawable at any time; companies issue cards in bulk against their stablecoin balance, set team limits and accept onchain payments through a low-fee gateway.
Clearing happens inside a custodial structure, with fiat conversion and card authorisation handled by licensed partners while the chain carries deposits and withdrawals. Clients are mainly cross-border merchants, SaaS teams and Web3 projects; unlike a pure card issuer it keeps collection, idle yield and spending on one ledger. In February 2025 a legacy admin address was compromised and about 49.5 million dollars was moved out, with affected users compensated.
Infini, a crypto payment solution, was founded in 2024 and registered in Hong Kong. Its early milestones included launching a corporate card and reducing global card transaction fees to 0.1% with plans to reach 0%. In February 2025, the platform suffered a $50 million theft due to an engineer's gambling-related misconduct. Within 48 hours, the team executed a textbook self-rescue, proposing a white-hat bounty program allowing attackers to keep 20% of stolen funds if 80% was returned. This incident became a defining test of crisis management. In June 2025, Infini announced the cessation of its card services, refunding card opening fees within 10 working days. The team cited extremely high compliance costs, razor-thin profits, and heavy operations as reasons, pivoting to focus on asset management and yield products. This strategic shift marked a clear departure from centralized card payments toward embracing decentralized payment solutions, reaffirming the vision of "Use Stable Coins Directly." These events—the hack response, the bounty program, and the strategic pivot—represent Infini's most significant long-term milestones, shaping its resilience and future direction.
In 2026 Infini made a painful but explicit strategic switch. In June a co-founder said the consumer crypto card business would stop, arguing it consumed about 99 per cent of resources for thin margins while off-chain clearing stayed costly and slow.
The company then moved its centre to corporate cards and stablecoin accounts, reworking the homepage around managing team spend on SaaS, advertising and cloud, with AI flagging duplicate subscriptions and wasted spend. On 22 September Infini announced a USD 6 million seed round to scale that corporate platform. A personal account entry point remains, but the pitch is now the Lite, Pro and AI corporate cards with per-transaction and monthly limits, direct USDC and USDT funding, and stablecoin-settled spending and withdrawals on supported chains.
Infini was founded in Hong Kong in 2024 by Christian Li. Young, he did not start in banking: he entered crypto through NFTs in the last cycle and only understood stablecoin settlement after moving into DeFi. He had co-founded the investment firm NextGen Digital Venture, spending several years on crypto, DeFi and equities, before deciding in 2024 that the bigger opportunity was using stablecoin rails to build financial products people use daily. He founded Infini and serves as CEO.
Infini holds a Hong Kong Trust or Company Service Provider licence (No. TC010232) under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615), authorising its Hong Kong entity to provide trust and company services for its stablecoin account and card business.