Utila Raises $22 Million to Fuel Growth of Stablecoin Infrastructure

In a significant development for the digital asset space, Utila, a leading provider of stablecoin infrastructure, has secured a substantial $22 million Series A extension round. This funding injection highlights growing investor confidence in firms building the foundational layers of the cryptocurrency ecosystem. The capital infusion will fuel Utila’s expansion efforts and enhance its stablecoin infrastructure solutions, signaling robust growth and continued innovation within this critical sector.