Infini

Infini is a stablecoin-powered financial operating system built for borderless companies and global consumers. Launched in June 2024 and headquartered in Hong Kong, the platform combines multi-currency global accounts, virtual corporate cards, cross-border payouts, and yield-bearing treasury management into a single product aimed at founders, remote teams, and businesses operating across multiple jurisdictions.

What Infini Does

The core premise is straightforward: businesses holding stablecoins should be earning yield on those funds at all times, right up to the moment they spend them. Infini enables this by routing idle USDC and USDT balances into yield-generating strategies with T+0 redemption, meaning capital is never locked and can be liquidated instantly for any payment or payout. Historically the platform advertised approximately 8% APY on stablecoin balances. In August 2026, Infini added a BTC yield product offering approximately 4% APY using a market-neutral strategy, with rewards calculated daily in BTC and immediate redemption supported.

On the spending side, Infini issues virtual corporate cards that integrate with Apple Pay and Google Pay. Budget controls allow team managers to set spending limits per card, and an automated receipt and expense categorization layer marketed as AI CFO reduces the administrative overhead of managing distributed team spending across borders. Cards support settlement in USD, EUR, and stablecoins, with low settlement fees.

The payments layer allows businesses to accept incoming payments via crypto wallets and Binance Pay at a 0.3% settlement fee. The payouts layer enables cross-border disbursements to teams and vendors across more than 180 countries in over 30 supported currencies.

Supported Assets and Blockchain Infrastructure

Infini primarily operates with USDC and USDT. These stablecoins run on multiple blockchain networks, and Infini's platform abstracts the underlying chain from end users. The smart contract infrastructure involved in the February 2025 exploit was Ethereum-based. The platform also custodies assets using Cobo, a multi-party computation (MPC) wallet provider with ISO 27001 certification, adding a layer of institutional-grade key management above the chain layer.

Security Certifications and the February 2025 Exploit

Infini holds SOC 2 Type II and PCI-DSS Level 1 certifications, and its infrastructure undergoes periodic audits by Exvul. Despite these measures, the project suffered a severe security incident on February 24, 2025.

A developer who had previously built Infini's smart contracts had embedded a hidden administrative role into an unverified contract. This role granted the ability to drain all funds from the contract vault. The developer retained control of a compromised address linked to this privilege and waited approximately 114 days after project delivery before executing the attack. Approximately USD49.5 million in USDC was withdrawn across two transactions. The stolen USDC was quickly swapped to DAI to prevent blocklisting, then converted to roughly 17,700 ETH and routed through Tornado Cash to obscure the trail.

Founder and CEO Christian Li publicly pledged to compensate all affected users from personal funds regardless of whether stolen assets were recovered. Infini subsequently filed a lawsuit in Hong Kong against developer Chen Shanxuan and several unidentified individuals believed to have been involved. Li offered a 20% bounty and legal immunity to the attacker in exchange for return of the remaining funds.

The incident illustrated a class of access control vulnerabilities common in DeFi infrastructure: the flaw was not in the contract logic itself but in retained administrative permissions that went unaudited post-deployment.

Product Pivot: Consumer Card Closure

On June 17, 2025, Infini suspended all consumer crypto card services, citing compliance costs, particularly pressures related to operations in China. The company stated that withdrawal functions and Earn yield products were unaffected and remained fully operational. The closure marked a formal pivot away from consumer-facing crypto card issuance toward a business-oriented financial operating system.

Current Platform and Regulatory Standing

As of mid-2026, Infini describes itself as an AI-native financial operating system targeting what it calls next-generation founders: globally distributed teams that need to receive money, hold it in yield-bearing accounts, convert between fiat and crypto, spend via corporate cards, manage payroll, and eventually delegate financial operations to automated agents.

In May 2026, Infini secured Money Services Business (MSB) registration with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), covering foreign exchange, money transfer and remittance, and virtual currency services. This registration extends the company's regulatory footprint alongside its Hong Kong base and is part of a broader effort to obtain regulated status across key markets.

The platform reports serving more than 100,000 users across 180-plus countries, with a 99.99% uptime SLA.

Team

Christian Li is the founder and CEO, active on Twitter as @Christianeth. The company describes its leadership as industry veterans with deep banking and legal expertise, though individual team members beyond Li are not prominently named in public materials. The company is registered in Hong Kong and has pursued financial licensing and compliance partnerships across multiple jurisdictions.

Solana Compass Fit

Infini operates primarily with USDC and USDT, both of which are native assets on Solana. While the protocol's smart contract infrastructure at the time of the February 2025 incident was deployed on Ethereum, Infini's stablecoin-first model aligns with the broader payments and treasury use cases that Solana's high-throughput, low-fee architecture supports. The project's yield-bearing stablecoin accounts, cross-border payment rails, and AI-assisted treasury management represent a category of crypto-native financial infrastructure relevant to Solana ecosystem participants who hold and transact in stablecoins.