Utila Raises $22M Series A Extension to Expand Digital Asset Infrastructure for Enterprises
Utila, a fintech company specializing in digital asset infrastructure, has secured an additional $22 million in Series A extension funding, bringing its total Series A round to $40 million and increasing its overall capital raised to more than $51 million. This extension round, completed just six months after the initial Series A, was led by Red Dot Capital Partners, with participation from Nyca Partners, Wing VC, Digital Currency Group, Cerca Partners, FunFair Ventures, and SilverCircle.
Founded in 2022 by Bentzi Rabi (CEO) and Sam Eiderman (CTO), Utila provides a secure, scalable infrastructure platform designed to help enterprises manage and build upon digital assets, particularly stablecoins. The company’s platform offers a comprehensive suite of tools for token issuance, asset custody, reconciliation, and regulatory oversight, catering to the needs of financial and business institutions integrating cryptocurrency and stablecoin operations into their workflows.
Utila’s decision to extend its Series A funding was driven by significant growth and increased demand for its services. Since the initial Series A announcement in March 2025, the company has more than doubled its customer base, now serving over 200 institutions worldwide. Utila processes more than $15 billion in monthly transaction volume, with total secured transactions exceeding $90 billion. This growth reflects the broader trend of stablecoin adoption across various industries, as organizations seek efficient and secure solutions for digital asset operations.
The stablecoin market has experienced substantial growth in the first half of 2025, with the aggregate supply climbing to approximately $252 billion and monthly settlement volumes rising by 43% to $1.39 trillion. This surge in adoption underscores the increasing importance of robust infrastructure to support stablecoin transactions and operations.
Utila’s platform is designed to meet the evolving needs of enterprises operating in the digital asset space. It provides secure treasury management with granular policy controls, institutional-grade trading capabilities across centralized and decentralized exchanges, and business continuity features to ensure uninterrupted operations. The company’s infrastructure enables organizations to integrate digital assets into their existing financial processes securely and transparently.
Looking ahead, Utila plans to utilize the new funding to accelerate its global expansion and further enhance its product offerings. The company aims to strengthen its presence in North America and Europe while exploring opportunities in emerging markets, including Latin America, Asia-Pacific, and Africa, where stablecoins are playing an increasingly pivotal role in financial infrastructure.
The rapid growth and strategic positioning of Utila highlight the significant potential of digital asset infrastructure providers in the evolving financial landscape. As stablecoin adoption continues to rise, companies like Utila are well-positioned to play a crucial role in supporting the secure and efficient integration of digital assets into mainstream financial systems.
