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Utila raises $18m in Series A funding

New York based digital asset operations platform raised $18m in Series A funding led by Nyca Partners.

“Stablecoins have had a dramatic and global impact on the financial landscape, particularly in payments. We are impressed with the early insight Utila’s founders had into these market developments and the new institutional-grade tools that would be required as digital assets become mainstream."

Tags

digital assets, operations platform