Utila triples valuation as stablecoin demand surges

Digital assets operations platform Utila has tripled its valuation in just six months. The company secured a $22 million Series A extension amid the global surge in stablecoin adoption. Red Dot Capital Partners led the funding round, with backing from Nyca, Wing VC, and DCG. Additional support came from Cerca Partners, FunFair Ventures, and SilverCircle. This latest investment brings Utila’s total Series A funding to $40 million, following an earlier $18 million raise in March.

Riding the Stablecoin Adoption Wave

This funding momentum reflects a significant shift in global finance. Stablecoin transfers now surpass traditional payment networks in volume. Consequently, organizations are adopting enterprise-grade infrastructure to move value efficiently and securely. Utila has quickly emerged as a leading player in this growing market.

Since March, the company has more than doubled its customer base. Utila now processes over $15 billion in monthly transaction volume. Furthermore, its total processed transactions have surpassed $90 billion. This rapid growth demonstrates stablecoins’ increasing importance in treasury management, trading, and cross-border payments.

Positioning for the Digital Asset Future

CEO Bentzi Rabi highlighted this transformational shift. “We’re witnessing a fundamental change in how organizations handle value transfer,” he stated. “Six months ago, we positioned ourselves for the next wave of digital asset adoption. Today, that wave has arrived.” Rabi emphasized that Utila has become essential infrastructure for organizations working with stablecoins. These include global payment providers, stablecoin issuers, and financial institutions building next-generation operations.

As the stablecoin boom accelerates, Utila’s strong customer traction and growing investor confidence underscore the market demand. The company is positioning itself as a critical enabler of the stablecoin economy. It provides scalable, enterprise-ready systems for global institutions seeking to participate in this rapidly evolving financial landscape.