Utila Secures $22M In Series A Extension Round

The Series A extension, led by Red Dot Capital Partners and supported by Nyca, Wing VC, DCG, Cerca Partners, FunFair Ventures, and SilverCircle, boosts Utila’s total funding to over $51 million.

Utila plans to use the funds for global expansion and product development. In addition to growing its presence in North America and Europe, the company aims to enter emerging markets especially LATAM, APAC, and Africa where stablecoins are central to financial infrastructure and regulatory frameworks are evolving.

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Founded in 2022 by CEO Bentzi Rabi and CTO Sam Eiderman, Utila offers an operating system for stablecoins, delivering secure and scalable infrastructure that enables enterprises to build, manage and expand their digital asset operations efficiently.

"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."

The platform includes secure enterprise-grade MPC wallets, detailed policy controls, powerful developer APIs, multi-chain support, a payments and tokenization engine, and seamless integrations with AML providers, exchanges, DeFi, and banking networks, along with insurance coverage to safeguard institutional assets.

The company currently handles over $15 billion in monthly transaction volume and has facilitated more than $90 billion in total transactions for hundreds of institutional clients worldwide. Utila operates from offices in New York, Tel Aviv, London, Berlin, and Singapore.

"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," said Atad Peled, Partner at Red Dot Capital Partners. "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."

About Utila

Utila helps organizations easily and safely manage their digital assets. Its platform supports multiple blockchains, offers strong security and connects seamlessly with other financial systems. This allows institutions to handle stablecoins efficiently, simplify transactions, protect their assets, and confidently grow in the fast-changing world of digital finance.