Utila, a blockchain infrastructure provider focused on stablecoin operations, announced the successful closure of a $22 million funding round on Sept. 3, 2025. Led by Red Dot Capital Partners, the extension elevates Utila’s total Series A raised to $40 million and nearly triples the valuation since the initial tranche in March.
The New York and Tel Aviv-based startup offers a digital asset operations platform for enterprises working with major dollar-pegged tokens. Its system enables compliance-ready payment processing, treasury management and automated trading workflows. Utila counts leading payment providers, neobanks and asset managers among its clientele, reflecting broad adoption of stablecoins in global financial services.
Stablecoins have emerged as a key blockchain use case outside pure crypto circles, with total market capitalization approaching $270 billion. Recent high-profile moves—such as Stripe’s acquisition of Bridge and Circle’s IPO—have been described as “bitcoin ETF moments” for stablecoin adoption. Utila CEO Bentzi Rabi cited these developments as validation of the company’s vision during an interview with CoinDesk.
With most of the original Series A capital still available, Utila plans to deploy funds to accelerate growth in emerging markets, starting with markets in Latin America, Africa and Asia-Pacific. These regions have seen rapid stablecoin uptake for remittances and cross-border payments due to cost and speed advantages over traditional rails.
Investors participating in the round included Nyca, Wing VC, DCG and Cerca Partners. Utila aims to further enhance platform features, including multi-chain support and advanced compliance monitoring tools, positioning it at the forefront of stablecoin infrastructure innovation.
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