Startup Utila, which develops digital asset management solutions, has closed a $18M Series A funding round led by Nyca Partners. Since its inception, the project has raised a total of $29.5M!
Where Will the Investments Go?
Scaling global operations
Developing institutional MPC wallets
API integration and smart contract support
CEO Bentsi Rabi stated that Utila is already processing $8B in transactions per month! Fintech companies are increasingly adopting stablecoins and tokenized assets in their operations
Utila – the new player in digital assets!