September 3, 2025 – Utila, the leading all-in-one digital asset operations platform for institutions, today announced the successful close of a $22 million Series A extension round. This brings its total Series A funding to $40 million and nearly triples the company’s valuation in just six months, underscoring the explosive demand for its secure and scalable infrastructure in the rapidly expanding stablecoin market.
The extension round was spearheaded by Red Dot Capital Partners, with significant participation from Nyca Partners, Wing Venture Capital, DCG, Cerca Partners, Funfair Ventures, SilverCircle, and other key investors. This latest infusion of capital boosts Utila’s total funding to over $51.5 million, reflecting the company's hypergrowth across all key metrics and its emergence as the default operating system for institutional digital asset operations.
"We’re witnessing a fundamental shift in how organizations handle value transfer, with stablecoins at the center of this transformation," said Bentzi Rabi, Co-founder and CEO of Utila. "Six months ago, we positioned ourselves for the next wave of digital asset adoption. Today, that wave has arrived, and Utila has become the essential infrastructure layer for any organization working with stablecoins – from global payment providers to stablecoin issuers to financial institutions building next-generation treasury and trading operations."
Since its initial Series A announcement in March, Utila has experienced unprecedented growth, more than doubling its customer base to over 200 global institutions. The platform now processes over $15 billion in monthly volume and has secured more than $90 billion in total transactions, solidifying its position as a critical enabler for enterprises navigating the digital asset landscape.
Atad Peled, Partner at Red Dot Capital Partners, commented on the investment: "Utila represents exactly the kind of category-defining company we look to back — one that sits at the intersection of a massive technological shift and clear enterprise demand. The stablecoin market is exploding, and organizations need enterprise-grade tools to operate safely and efficiently. Utila’s rapid growth and strong customer traction show they’ve built the platform the market truly needs."
Utila’s comprehensive platform is designed to address the full spectrum of institutional digital asset operations, offering solutions across:
- Stablecoin Operations: Providing complete infrastructure for stablecoin issuers, payment providers, and enterprises integrating stablecoin workflows.
- Treasury Operations: Delivering secure, policy-driven treasury management for digital assets with granular controls and compliance frameworks.
- Trading Operations: Offering institutional-grade trading infrastructure across centralized exchanges and DeFi protocols.
- Wallet Infrastructure: Enabling organizations to build any application on top of a secure, multi-chain wallet infrastructure.
- Tokenization: Facilitating the secure minting, custody, and transfer of tokenized assets with an end-to-end platform.
- Business Continuity: Seamlessly mirroring existing environments into Utila, including custom setups, for mission-critical operations.
Built by cryptography and cybersecurity experts, Utila combines military-grade security with the operational flexibility required by modern institutions. The platform features secure enterprise-grade Multi-Party Computation (MPC) wallets, flexible governance frameworks with granular policy controls, robust developer APIs, multi-blockchain support (including BTC, ETH, SOL, TRX, TON, and all major EVM and Cosmos chains), and extensive ecosystem integrations with AML providers, exchanges, DeFi, and banking rails. Utila is SOC 2 Type 2 compliant and undergoes rigorous security audits by industry-leading blockchain security firms.
The new funding will be strategically deployed to accelerate Utila’s global expansion and product development. This includes driving continuous product innovation across digital asset operations, scaling its world-class team, deepening enterprise adoption, enhancing global customer support, and expanding into high-growth emerging markets, particularly in LATAM, APAC, and Africa, where stablecoins are playing increasingly pivotal roles in financial infrastructure.
Utila’s client roster spans the full digital asset ecosystem, serving Payment Service Providers (PSPs), OTC Desks, Stablecoin Projects, Exchanges, Custodians, Neobanks, Hedge Funds, VC Funds, Family Offices, DAOs, Payment Companies, Web3 Firms, and Traditional Banks. This broad appeal highlights Utila’s ability to provide a complete solution for diverse institutional needs, distinguishing it from point solutions in the market.
As stablecoins continue to become the backbone of next-generation financial infrastructure, Utila is positioned at the forefront, providing the essential operating system that enables organizations to participate securely, efficiently, and at scale.
About Utila:
Founded in 2022 by Bentzi Rabi (CEO) and Sam Eiderman (CTO), Utila is the secure, all-in-one digital asset operations platform for institutions. Utila enables organizations to securely manage and build on digital assets, offering MPC wallets, granular policy controls, robust APIs, payments and tokenization engine, and integrations with banking, AML, exchanges, DeFi, and more. Trusted by over 200 global institutions, Utila processes more than $15 billion in monthly volume and has secured over $90 billion in transactions.Utila Secures $40M Series A, Triples Valuation for Institutional Digital Asset OpsCompiled by CMO Intern team