Utila News
6 articles
growth-positive
The startup’s digital asset platform now powers over $60 billion in secured crypto transactions worldwide.
Utila, a fintech company specializing in digital asset platforms, has announced a $22 million Series A expansion, bringing the total raised in this round to $40 million. The round was led by Red Dot Capital Partners, with participation from several other investors. Utilas platform, which supports cryptocurrency and stablecoin operations, is used by over 200 institutions globally. The company has seen significant growth, with secured transactions on its platform surpassing $60 billion. This investment reflects the increasing demand for secure digital asset operations as the stablecoin market continues to expand.
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הסטארטאפ הישראלי Utila רוצה שכל בנק, חברת תשלומים וקרן תוכל להציע לכם גם ביטקוין ומטבעות קריפטו אחרים - והוא טוען שיש לו את כל מה שצריך כדי שזה גם יקרה
With stablecoins driving blockchain adoption, financial institutions face growing integration challenges.
Utila, an institutional digital assets operations platform, has just raised $18m in Series A funding. In conjunction with the announcement, Bentzi Rabi, CEO and co-founder, replied to our questions about the company, the product, the round, and future plans
Utila, an institutional digital assets operations platform, raised $18m in Series A funding
growth-positive
Utila Raises $11.5M in Seed Funding
Utila, a Tel Aviv-based startup that provides a platform for institutions to manage their crypto assets, has raised $11.5 million in seed funding. The funding round included participation from NFX, Wing VC, Framework Ventures, and others. The company plans to use the funds to expand its operations, business reach, and development efforts. Utila offers a secure, non-custodial, chain-agnostic, enterprise-grade wallet platform powered by MPC key management for security and a transaction policy engine for granular control. The platform is used by industry leaders like Fasanara, Starkware, and Psalion.
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