Utila, Institutional digital asset wallet operations platform, Raise $18M Series A

March 19, 2025

Utila, a provider of institutional digital asset infrastructure, has raised $18 million in a Series A funding round. The round was led by Nyca Partners, with additional participation from Wing Venture Capital, NFX, Haymaker Ventures, Gaingels, and Cerca Partners. With this latest funding, the company’s total investment now exceeds $30 million, supporting its efforts to enhance digital asset operations for institutions.

The company’s platform offers multi-party computation (MPC) wallet solutions and API-driven infrastructure to help institutions manage digital assets securely. Utila has scaled its operations globally, serving hundreds of institutional clients and securing over $35 billion in digital asset transactions. The platform also processes more than $8 billion in monthly transaction volume. The latest funding will be used to expand platform capabilities, extend global reach, and grow its team to meet the increasing demand for stablecoin-powered financial infrastructure.

Utila provides an enterprise-grade digital asset operations platform, enabling institutions to integrate stablecoins and cryptocurrencies into their core financial workflows. The company specializes in MPC wallet technology and API-first solutions, designed to enhance security, flexibility, and efficiency in digital asset management. Utila supports businesses in payments, treasury management, and tokenization at scale. With a focus on security and compliance, the platform enables enterprises to manage digital assets while adhering to regulatory standards.

About Utila

Utila is an institutional digital asset operations platform offering MPC wallet technology and API-driven solutions for secure and scalable asset management. It enables businesses to integrate stablecoins and cryptocurrencies into financial workflows, supporting payments, treasury management, and tokenization while ensuring compliance and security.

Website: https://utila.io/

X:  @utila_io

About Investor

Nyca Partners

Nyca Partners is a venture capital firm focused on financial technology investments. Based in New York, the firm backs companies that drive advancements in digital payments, blockchain infrastructure, and financial services innovation.

Location: New York; San Francisco

Website: https://www.nyca.com/

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