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Crypto Wallet Provider Utila Raises $18M as Institutional Demand for Digital Assets Soars

The crypto infrastructure provider has processed $8 billion in transactions in a month, CEO Bentzi Rabi told CoinDesk in an interview.Updated Mar 18, 2025, 9:04 p.m. UTCPublished Mar 19, 2025, 12:00 p.m. UTCUtila, a digital asset operations platform, has raised $18 million in a Series A round to expand its multi-party computation (MPC) wallet solutions as institutional demand to manage digital assets is soaring, the company told CoinDesk.Nyca Partners led the round, with participation from Win...

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