Crypto Daybook Americas: Memecoins Surge on Tron as Bitcoin Eyes FOMC Decision
The crypto infrastructure provider processed $8 billion in transactions in a month, CEO Bentzi Rabi told CoinDesk in an interview.
Utila, a digital asset operations platform, has raised $18 million in a Series A funding round to scale its multi-party computation (MPC) wallet service, driven by growing institutional demand for digital asset and stablecoin management.
The platform is seeing a surge in demand as payment providers, fintech firms, and neobanks increasingly integrate stablecoins and tokenized assets into their operations, CEO Bentzi Rabi told CoinDesk.
The new funding will support global expansion and product enhancements, including advanced gas management, API integrations, and smart contract support.
