Utila Revolutionizes Crypto Asset Management
March 11, 2024, 10:51 am
Utila, a Tel Aviv-based startup, has secured $11.5 million in seed funding to expand its enterprise-grade crypto operations platform. Led by CEO Bentzi Rabi, Utila offers a secure, non-custodial wallet platform powered by MPC key management for security and a transaction policy engine for control. With Utila, institutions can efficiently manage crypto assets across multiple blockchains without complexity. The platform has already facilitated over $3 billion in transactions and is rapidly growing in the industry. Utila's innovative approach to digital asset management is transforming the way institutions handle cryptocurrencies, providing a seamless and secure experience for users.