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At Epicenter of Tectonic Payments Shift to Stablecoins, Utila Secures $18M Series A Round to Meet Massive Demand for Institutional MPC Wallets

GlobeNewswire LogoGlobeNewswire12h ago

At Epicenter of Tectonic Payments Shift to Stablecoins, Utila Secures  $18M Series A Round to Meet Massive Demand for Institutional MPC Wallets - GlobeNewswire

Quick Summary:

Wallets are backed by military-grade security protecting from key mismanagement, insider and outsider threatsUser and transaction management enables organizations to assign roles and set different approval flows/quorums based on multiple parametersRobust APIs to build custom applications on top of the secure multi-chain wallet infrastructureAgnostic to blockchains and fast asset support for new blockchains and standardsWide set of integrations to AML, banking, liquidity providers, exchanges, DeFi, staking and disaster and recovery solutionsTokenization engine for token issuers to manage minting and burning operationsBusiness continuity offering provides mirroring features for institutions that already have a solution in placeComprehensive insurance coverage offers an added layer of protection to safeguard against security threats, operational risks and asset loss "Organizations like ours that are managing digital asset investments need the operational ability to engage across multiple blockchains in a secure and scalable way.

As stablecoin transfers surpass payment networks, organizations turn to Utila’s enterprise-grade digital assets operations platform to move value seamlessly NEW YORK and TEL AVIV, March 19, 2025 (GLOBE NEWSWIRE) -- The rise of digital assets is causing a tectonic shift in traditional financial infrastructure as organizations scramble to meet skyrocketing demand for operational use cases like payments, tokenization and treasury management.

We provide the ultimate platform for on-chain operations with the highest security standards in the market.” Utila’s Platform Powers Secure, Institutional-Grade Digital Asset Operations Designed for PSPs, stablecoin-based products and issuers, neobanks, OTC desks, institutional investors and others, Utila’s platform supports the complex needs of payment companies and financial institutions engaging in digital asset operations.

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Article Details

Author / Journalist: Utila

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 12:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 650 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27172609

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 87 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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