Top Highlights
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Integration Announcement: XDC Network has successfully integrated with Utila, enabling banks and financial institutions to securely custody digital assets using Utila’s advanced operations platform.
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Significant Milestones: This integration follows XDC’s recent launch of tokenized funds from major financial institutions, enhancing institutional access to digital assets on the XDC Network.
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Enhanced Security and Features: Institutions can now utilize Utila’s robust security architecture, automated workflows, and customizable RPC connections for improved asset management on the XDC Network.
- Growth and Demand: Utila’s recent $18 million funding supports its rapid growth, processing over $8 billion monthly and handling $35 billion in transactions, addressing the increasing need for digital asset operations.
XDC Network Concludes Integration with Utila, Enhancing Institutional Asset Custody
London, UK — May 27, 2025 — XDC Network has completed its integration with Utila, creating a new pathway for banks and financial institutions to securely custody digital assets. This partnership enhances Utila’s existing digital asset operations platform, making it easier for organizations to manage their assets with confidence.
This development comes on the heels of XDC Network’s announcement earlier this year about the launch of tokenized funds from major financial providers, including Fidelity International and BlackRock. The integration with Utila represents a crucial step in expanding access to digital assets for traditional financial institutions.
Ziv Keinan, Head of Markets and Partnerships at XDC, remarked, “Utila’s robust security architecture and intuitive user experience align perfectly with our goals.” This collaboration promises to empower institutions by providing a secure environment for asset management.
Utila recently secured $18 million in Series A funding, a move aimed at scaling their operations in response to increasing demand for services such as payments and treasury management. Currently, Utila processes over $8 billion in transactions each month and has managed more than $35 billion in total transactions.
The integration grants institutions several new capabilities:
- Secure Custody of XDC Assets: Utilizing Utila’s non-custodial, MPC-based wallets for enhanced security.
- Role-Based Access Controls: Institutions can implement detailed user and team policies for better governance.
- Automated Workflows: Streamlining treasury tasks, token operations, and transfers on the XDC Network.
- Customizable Connectivity: Access to the XDC Network via a flexible EVM RPC for improved performance and control.
Bentzi Rabi, Co-founder & CEO of Utila, expressed enthusiasm for the collaboration, stating, “As the adoption of digital asset payments and tokenization accelerates, our partnership with XDC ensures a secure and efficient infrastructure for institutions engaging across blockchain networks.”
With this integration now accessible, XDC Network and Utila aim to bring transformative changes to the financial landscape, establishing a trusted framework for institutions venturing into the digital asset space. This collaboration highlights the growing synergy between traditional finance and blockchain technology, ultimately positioning institutions for future success.
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