Utila

About Utila

Utila provides an enterprise-grade crypto operations platform that utilizes multi-party computation (MPC) technology to secure and manage digital assets across various blockchains and wallets. The platform addresses the complexities of crypto asset management by offering streamlined trading operations, treasury management, and developer-friendly APIs for seamless integration with existing systems.

```xml <problem> Enterprises face increasing complexity in securing and managing digital assets across multiple blockchains, wallets, and users, hindering efficient trading operations and treasury management. Existing solutions often lack the necessary security and compliance features required for institutional adoption. </problem> <solution> Utila provides an enterprise-grade crypto operations platform that simplifies the secure management of digital assets across various blockchains. Utilizing multi-party computation (MPC) technology, the platform offers streamlined trading operations, treasury management, and developer-ready APIs for seamless integration with existing systems. Utila's platform enables secure storage, transfer, and control of digital assets, allowing users to interact with DeFi protocols and dApps. The platform also offers compliance-focused integrations with AML, KYC, CFT, and KYT apps, along with on-chain forensics and robust reporting. </solution> <features> - Secure digital asset transfers anchored by MPC technology - Unified platform to import and manage wallets and exchange accounts - Allow lists for trusted third-party wallets to streamline transactions - Flexible governance and speedy onboarding - Role-based access control for different departments and users - API for automating transactions and creating single-use wallets - Support for omnibus wallets for optimized speed and costs - Integrations with risk and compliance, accounting, and auditing tools </features> <target_audience> Utila targets crypto companies, broker dealers, funds, family offices, banks, custodians, and miners seeking a secure and efficient platform for managing digital assets. </target_audience> ```

What does Utila do?

Utila provides an enterprise-grade crypto operations platform that utilizes multi-party computation (MPC) technology to secure and manage digital assets across various blockchains and wallets. The platform addresses the complexities of crypto asset management by offering streamlined trading operations, treasury management, and developer-friendly APIs for seamless integration with existing systems.

Where is Utila located?

Utila is based in Tel Aviv, Israel.

When was Utila founded?

Utila was founded in 2022.

How much funding has Utila raised?

Utila has raised 11500000.

Location
Tel Aviv, Israel
Founded
2022
Funding
11500000
Employees
32 employees
Major Investors
NFX, Wing Venture Capital
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Utila

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Utila provides an enterprise-grade crypto operations platform that utilizes multi-party computation (MPC) technology to secure and manage digital assets across various blockchains and wallets. The platform addresses the complexities of crypto asset management by offering streamlined trading operations, treasury management, and developer-friendly APIs for seamless integration with existing systems.

utila.io2K+
cb
Crunchbase
Founded 2022Tel Aviv, Israel

Funding

$

Estimated Funding

$11.5M+

Major Investors

NFX, Wing Venture Capital

Team (30+)

No team information available. Click "Fetch founders" to run a focused founder search.

Company Description

Problem

Enterprises face increasing complexity in securing and managing digital assets across multiple blockchains, wallets, and users, hindering efficient trading operations and treasury management. Existing solutions often lack the necessary security and compliance features required for institutional adoption.

Solution

Utila provides an enterprise-grade crypto operations platform that simplifies the secure management of digital assets across various blockchains. Utilizing multi-party computation (MPC) technology, the platform offers streamlined trading operations, treasury management, and developer-ready APIs for seamless integration with existing systems. Utila's platform enables secure storage, transfer, and control of digital assets, allowing users to interact with DeFi protocols and dApps. The platform also offers compliance-focused integrations with AML, KYC, CFT, and KYT apps, along with on-chain forensics and robust reporting.

Features

Secure digital asset transfers anchored by MPC technology

Unified platform to import and manage wallets and exchange accounts

Allow lists for trusted third-party wallets to streamline transactions

Flexible governance and speedy onboarding

Role-based access control for different departments and users

API for automating transactions and creating single-use wallets

Support for omnibus wallets for optimized speed and costs

Integrations with risk and compliance, accounting, and auditing tools

Target Audience

Utila targets crypto companies, broker dealers, funds, family offices, banks, custodians, and miners seeking a secure and efficient platform for managing digital assets.

Utila - Funding: $10M+ | StartupSeeker