Utila Secures $22M Extension, Boosting Series A to $40M for Institutional Stablecoin Growth

Utila, a prominent platform facilitating digital asset and stablecoin operations for institutional clients, has significantly bolstered its financial standing, securing an additional $22 million in an extended Series A funding round. This latest injection of capital elevates its total Series A funding to $40 million and nearly triples the company’s valuation within a mere six months, underscoring robust market demand and rapid growth in the enterprise stablecoin sector. This substantial backing positions Utila for aggressive global expansion, particularly as stablecoins increasingly integrate into mainstream financial infrastructure.

• Utila secured an additional $22 million in an extended Series A funding round.
• This latest capital injection brings its total Series A funding to $40 million.
• The company’s valuation has nearly tripled in just six months.
• The round was spearheaded by Red Dot Capital Partners with strong existing investor participation.
• Funding was largely unsolicited, driven by Utila’s “hypergrowth” metrics.

Strategic Funding and Market Validation

The extended Series A round was spearheaded by Red Dot Capital Partners, with notable participation from existing investors including Nyca Partners, Wing Venture Capital, DCG, Cerca Partners, Funfair Ventures, and SilverCircle. This additional funding arrived unsolicited, driven by Utila’s reported “hypergrowth” metrics and strong performance, which attracted numerous investment overtures. With this latest raise, Utila’s cumulative funding now exceeds $51.5 million, highlighting strong investor confidence in its technological stack and strategic market positioning.

Leadership Insights on Digital Asset Adoption

Bentzi Rabi, Co-founder and CEO of Utila, emphasized the company’s pivotal role in a financial paradigm shift. “We are observing a fundamental shift in how organizations transfer value, with stablecoins at the heart of this transformation,” Rabi stated. He added that the anticipated wave of digital asset adoption is no longer on the horizon but has arrived, positioning Utila as a critical infrastructure layer for a diverse range of organizations, from global payment providers to traditional financial institutions.

Operational Milestones and Client Growth

Utila’s operational metrics demonstrate this accelerated adoption. Since its initial Series A announcement in March 2024, the company has more than doubled its client base. The platform currently processes over $15 billion in monthly turnover, having facilitated more than $90 billion in total transactions. These solutions are now actively utilized by over 200 institutions worldwide, reflecting a strong penetration into the enterprise market for digital asset management.

Investor Confidence in a Shifting Landscape

Atad Peled, a partner at Red Dot Capital Partners, articulated the strategic rationale behind their investment, stating, “Utila stands at the intersection of a massive technological shift and clear enterprise demand.” Peled highlighted the rapid expansion of the stablecoin market, which, according to a Messari report, has exceeded $250 billion in market capitalization. He stressed the imperative for corporate-grade tools to ensure secure and efficient stablecoin operations, asserting that Utila’s rapid growth and robust client portfolio validate its platform as a market necessity.

Global Expansion and Future Development

The newly secured capital will be strategically deployed to fuel Utila’s global expansion, with a particular focus on key growth regions such as Latin America, the Asia-Pacific (APAC) region, and Africa. In these markets, stablecoins are increasingly foundational to the financial infrastructure, driving demand for secure and scalable institutional solutions. Furthermore, a significant portion of the funds will be allocated to advanced product development, scaling the engineering and operational teams, and deepening strategic collaborations with major financial institutions globally.