Utila announced the completion of a $22 million financing round led by Red Dot Capital Partners, with participation from Nyca, Wing VC, DCG and Cerca Partners, expanding the company’s Series A financing to $40 million. The firm stated its valuation has nearly tripled over the past six months, positioning Utila to accelerate enterprise product development and scale its compliance and operational stack.
Headquartered in New York and Tel Aviv, Utila offers an enterprise-grade digital asset operating platform that enables corporates to manage stablecoins for payments, fund management and transaction processing while maintaining regulatory compliance and business continuity. Its client base—including payment service providers, neobanks and asset managers—highlights the growing utility of USD-backed stablecoins within institutional payment rails and treasury operations.