Introducing BYO EVM RPC: Utila’s Self-Serve Blockchain Integration Feature In the ever-evolving world of digital assets, institutions face the dual challenges of navigating a rapidly expanding blockchain ecosystem and ensuring their operations remain secure and efficient. At Utila, we fully understand the demands of institutional digital asset management and are committed to providing tools that enable organizations to thrive in this dynamic landscape. With the introduction of our Bring Your Own (BYO) EVM RPC feature, we’re taking another significant step forward. This new capability allows Utila’s customers to integrate their desired EVM-compatible blockchains seamlessly, enabling faster adoption of emerging opportunities while maintaining the gold standard in security and governance. In this article, we’ll delve into the features, benefits, and transformative potential of Utila’s BYO EVM RPC for organizations managing and building on digital assets. Why Wide Asset Coverage Matters Wide asset coverage is one of the most critical needs for institutional customers managing diverse portfolios and pursuing DeFi strategies. In the world of digital assets, opportunities arise across a broad spectrum of blockchains. From established networks to newly launched chains and niche ecosystems, institutional players must operate wherever commercial prospects exist. Often, these opportunities are time-sensitive, particularly in newly launched ecosystems where early adoption can yield competitive advantages. However, the urgency to act must be balanced with the need for secure and governed operations. Blind signing, or executing transactions without adequate oversight—poses significant risks. To thrive in this dynamic environment, institutions require tools that combine agility with robust security and compliance, ensuring every action aligns with organizational policies. Utila’s BYO EVM RPC Feature To address these challenges, Utila introduces BYO EVM RPC—a feature that enables customers to connect to any EVM-compatible blockchain quickly and securely. With this, organizations gain complete control over their blockchain interactions, ensuring they can capitalize on opportunities wherever they arise while upholding their security and governance standards. Key Features Quick Setup Connecting to a new blockchain connection takes less than a minute. Once connected, the blockchain operates like any of Utila’s natively supported blockchains. Simple RPC Configuration The new blockchain connection is done with straightforward RPC configuration. The connection details and credentials are securely stored on the Utila platform. Policy-Driven Governance Once a new RPC is set up, customers can fully leverage the extensive Utila policy engine to define and enforce organizational behavior on these blockchains, from transaction approvals to operational limits and more. The governance is entirely customizable and scales effortlessly across all connected blockchains. Uncompromising Security Every transaction is properly protected with Utila’s industry-leading MPC technology and governance framework, eliminating the risks associated with blind signing. Comprehensive Functionality Utila enables interacting with the RPC as it does with natively supported blockchains. Organizations can: Execute secure transfers List and manage custom tokens Monitor balances, track transactions, and view USD value conversions. Implement transaction case management for detailed oversight and reporting Automate operational workflows with Utila’s rich API, webhook and co-signer capabilities, fully supported on BYO RPC Built for DeFi Utila’s BYO EVM RPC empowers institutions to seamlessly engage with DeFi platforms: Seamlessly connect to hundreds of decentralized applications (dApps) via the Utila browser extension or WalletConnect integration View transaction simulation and track balance changes Monitor and manage your DeFi portfolio using Utila’s DeFi positions feature 🎥 Watch the video below to see our BYO EVM RPC in action: https://utila.io/wp-content/uploads/2024/11/Video-BYO-EVM.mp4 With Utila’s BYO EVM RPC feature, our institutional customers can extend their operations to any EVM-compatible blockchain. This flexibility enables them to: Seize emerging opportunities in newly launched or niche ecosystems Expand their operations without waiting for native platform support Diversify their portfolios with access to a broader range of assets By combining wide asset coverage with enhanced security and governance, we’re equipping institutions to navigate the complexities of digital assets with confidence and control. As the blockchain ecosystem continues to evolve, Utila remains committed to supporting our customers with innovative solutions that anticipate their needs. The BYO EVM RPC feature is just the latest example of how we’re enabling organizations to securely manage and build on digital assets. Recommendation Ready to experience the benefits of Utila’s BYO EVM RPC? Contact us today to schedule a demo!
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