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Utila raises $18M in a Series A funding round
#Utila secures $18M in a Series A funding round led by Nyca Partners, with participation from Wing VC, NFX, Haymaker Ventures, Gaingels, and Cerca Partners. Utila will utilize secured funds to expand globally and enhance its product offerings, including advanced gas management, API integrations, and smart contract support.
Utila is creating a self-custody wallet platform and API designed to help organizations of various sizes securely manage digital assets and devise personalized services.
đ coindesk.com/business/2025/03/19/crypto-wallet-provider-utila-raises-usd18m-as-institutional-demand-for-digital-asset-management-soars
#Utila secures $18M in a Series A funding round led by Nyca Partners, with participation from Wing VC, NFX, Haymaker Ventures, Gaingels, and Cerca Partners. Utila will utilize secured funds to expand globally and enhance its product offerings, including advanced gas management, API integrations, and smart contract support.
Utila is creating a self-custody wallet platform and API designed to help organizations of various sizes securely manage digital assets and devise personalized services.
đ coindesk.com/business/2025/03/19/crypto-wallet-provider-utila-raises-usd18m-as-institutional-demand-for-digital-asset-management-soars
đTop Project From Recent Funding Round â Utilađ
đ Utila Research has just secured $18.00M in its latest funding round! đ
đšAbout: Utila designed to streamline and secure digital asset operations for institutions. It offers a unified solution for managing crypto assets across multiple blockchains, wallets, and teams, ensuring seamless integration and robust security. With its enterprise-grade MPC (Multi-Party Computation) wallets, Utila provides military-grade protection against insider and outsider threats, making it a trusted choice for financial institutions and Web3 builders. The platform supports a wide range of blockchains, including BTC, ETH, and major EVM chains, and allows for easy integration of new standards. Utila's robust APIs enable developers to build custom applications on top of its secure infrastructure, catering to diverse needs like treasury management, trading operations, and tokenization. The project also emphasizes governance, offering granular control over roles, permissions, and transaction approvals. Utila has processed over $35 billion in transactions and continues to grow rapidly. Its comprehensive insurance coverage and business continuity solutions add an extra layer of reliability.đđ
đš Lead Investors: Balaji Srinivasan, Shima Capital, Framework Ventures, Big Brain Holdings, Republic Capital, Nyca Partners and many more.
đš Total Raised: $29.50M.
đš Project Category: Blockchain Service, Wallet.
đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŚđđť
#Wallet #Web3 #utila #blockchaineconomy $TWT
$1INCH
$BNB
đšAbout: Utila designed to streamline and secure digital asset operations for institutions. It offers a unified solution for managing crypto assets across multiple blockchains, wallets, and teams, ensuring seamless integration and robust security. With its enterprise-grade MPC (Multi-Party Computation) wallets, Utila provides military-grade protection against insider and outsider threats, making it a trusted choice for financial institutions and Web3 builders. The platform supports a wide range of blockchains, including BTC, ETH, and major EVM chains, and allows for easy integration of new standards. Utila's robust APIs enable developers to build custom applications on top of its secure infrastructure, catering to diverse needs like treasury management, trading operations, and tokenization. The project also emphasizes governance, offering granular control over roles, permissions, and transaction approvals. Utila has processed over $35 billion in transactions and continues to grow rapidly. Its comprehensive insurance coverage and business continuity solutions add an extra layer of reliability.đđ
đš Lead Investors: Balaji Srinivasan, Shima Capital, Framework Ventures, Big Brain Holdings, Republic Capital, Nyca Partners and many more.
đš Total Raised: $29.50M.
đš Project Category: Blockchain Service, Wallet.
đIf You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha đŚđđť
#Wallet #Web3 #utila #blockchaineconomy $TWT
$1INCH
$BNB
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