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Utila

Utila is constructing a self-custody wallet platform and API to enable organizations of all sizes to securely manage digital assets and build custom offerings. With its institutional MPC wallet, institutional investors, trading firms, and Web3 builders can efficiently manage crypto assets across multiple blockchains, wallets and users on a single platform without any complexity. Additionally, developers can leverage its API to build custom offerings on top of secured multi-chain wallet infrastructure.

What is Utila?

Utila is a secure, all-in-one digital asset operations platform designed for institutions. It enables organizations to securely manage and build on digital assets through enterprise-grade MPC wallets, robust APIs, and integrations with banking, AML, exchanges, DeFi, and more.

How Does Utila Work?

Utila employs multi-party computation (MPC) technology to provide secure wallets that distribute private key operations across multiple parties, ensuring no single entity has complete control. This enhances security and allows institutions to manage digital assets across multiple blockchains, wallets, teams, and users.

What Makes Utila Unique?

Utila offers a comprehensive platform that includes secure MPC wallets, granular policy controls, robust APIs, and integrations with various financial services. Its blockchain-agnostic approach and support for tokenization make it adaptable to diverse institutional needs.

Who Are the Founders of Utila?

Utila was founded by CEO Bentzi Rabi and CTO Sam Eiderman. Bentzi Rabi has a background in digital asset management, while Sam Eiderman is a former software engineer at Google and Oracle, bringing extensive experience in software development and security.

Latest News

What Key Events Have There Been for Utila?

In March 2025, Utila raised $18 million in a Series A funding round led by Nyca Partners, with participation from Wing VC, NFX, Haymaker Ventures, Gaingels, and Cerca Partners. This funding aims to scale global operations and expand R&D efforts. In July 2025, Utila integrated support for the XRP Ledger, enabling institutional users to securely custody, manage, and build with XRP assets through its enterprise-grade MPC wallet infrastructure.

Project Announcements

Utila has announced partnerships and integrations to enhance its platform, including support for the XRP Ledger and collaborations with various financial institutions to expand its service offerings.

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Where to Buy Utila?

Utila Price

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Utila Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding Utila's price.

FAQ

What is the Purpose of Utila?

How Can I Participate in Utila's Ecosystem?

What Sets Utila Apart from Competitors?

Is Utila Secure?

What are the Risks Associated with Utila?

Community Sentiment

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.