Utila Inc. has raised $18 million in new funding to scale up global operations and meet demand for its institutional multiparty computation wallets.
Utila is an institutional digital asset operations platform that offers secure MPC wallets, employing multiparty computation technology to enhance security.
The platform supports a wide range of integrations and is blockchain-agnostic, providing flexibility and scalability to institutional clients.
Utila focuses on stablecoin infrastructure to meet the increasing demand for secure and efficient stablecoin operations.