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- 12:17Crypto infrastructure provider Utila completes $22 million funding roundJinse Finance reported that crypto infrastructure provider Utila announced the completion of a $22 million funding round, led by Red Dot Capital Partners, with participation from investors such as Nyca, Wing VC, DCG, and Cerca Partners. This has nearly tripled its valuation within six months, expanding the total amount of its Series A round in March to $40 million.
- 12:12Stablecoin infrastructure company Utila completes $22 million financing round, led by Red Dot Capital PartnersChainCatcher news, according to CoinDesk, stablecoin infrastructure company Utila has completed a $22 million financing round, led by Red Dot Capital Partners, with participation from Nyca, Wing VC, DCG, and Cerca Partners. Utila provides a digital asset operations platform for enterprises, with clients including payment service providers and neobanks. The company processes over $15 billion in transactions monthly, and its client base has doubled since March. Utila plans to accelerate its expansion into emerging markets in Latin America, Africa, and the Asia-Pacific region.
- 12:11U.S. Bank resumes cryptocurrency custody services, expands product offerings to include Bitcoin ETFJinse Finance reported that U.S. Bank has announced the resumption of cryptocurrency custody services for institutional clients and has expanded its product offerings to include Bitcoin ETF.