Utila, a company focused on providing innovative solutions in the cryptocurrency space, has successfully raised $22 million in funding, leading to a remarkable tripling of its valuation. This impressive growth comes as demand for stablecoin infrastructure experiences a significant surge, highlighting the increasing interest and investment in the cryptocurrency sector. As more businesses and individuals seek reliable and stable digital currency options, Utila is well-positioned to capitalize on this trend and expand its offerings in the market.
source: https://www.coindesk.com/business/2025/09/03/utila-raises-usd22m-triples-in-valuation-as-stablecoin-infrastructure-demand-surges