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Utila Secures $18 Million Series A To Meet Surging Demand for Institutional MPC Wallets Amid Stablecoin Boom

Utila Secures $18M Series A

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    $25B+

    Secured in
    transactions

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    SOC2

    Type 2
    compliant

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    24/7

    Customer
    Support

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    99.9%

    Uptime

Daniel Frazee

Chief Operating Officer

״Establishing a Special Economic Zone (SEZ) demands reliable financial infrastructure for attracting and supporting a diverse array of businesses at scale. Utila emerged as an ideal solution for us, facilitating crypto-based payments, invoicing, and tax solutions for companies in the burgeoning St. John’s Bay. The simplicity of Utila’s policy engine, coupled with its cross-chain and batch payment support, effectively addressed the challenges we encountered with other multi-sig wallets. This not only unlocked significant value but also greatly enhanced the overall user experience.״

Johnny Phan

Co-founder of Vield

״Utila's solution ticked all the boxes for us. The ease of use, robust policy and quorum features, and top-notch support made Utila the perfect partner for Vield. We're confident that Utila's technology will allow us to continue offering our customers a secure and transparent crypto experience.״

Edwin Handschuh

Co-founder and CEO

״Utila addresses key challenges with an innovative and efficient solution. Our experience with Utila has been transformative; their platform's seamless integration into our daily operations has not only been straightforward but also a delight, thanks to their intuitive UI/UX that significantly reduces the learning curve and allows for quicker settlements with clients.״

Loan Venkatapen

Co-Founder & Chief Investment Officer

״Utila’s simple DeFi access, nimbleness when adding DeFi support for new chains and service levels have improved our ability to maximize client growth and returns in the DeFi space. Utila’s reliability, fast support and on and off ramping integrations were a major improvement over our previous solutions.״

Conor Keohane

Head of Sales, MS Pay

״We deal with high volumes of transactions everyday, hence security and efficiency are paramount for us. Switching to Utila’s platform has been a game-changer for us in this regard. The intuitive user interface, ease of use, and robust functionality are a breath of fresh air compared to the struggles we faced with our previous custodian. Our team is often raving about the streamlined operations and efficient client settlements.״

Hasan Bayraktaroglu

Group CEO of PayeCards

״Utila has been a game changer in helping us deliver innovative, secure crypto solutions to our diverse client base. We evaluated several MPC wallet solutions, and Utila clearly stood out with its intuitive interface and cutting-edge security features. Their technology ensures that we always meet the highest standards of security and efficiency in blockchain transactions.״

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