Utila, a cryptocurrency infrastructure company, has secured $22 million in funding led by Red Dot Capital Partners.

According to Odaily Planet Daily, Utila, a stablecoin infrastructure company, has secured $22 million in funding led by Red Dot Capital Partners, with participation from Nyca, Wing VC, DCG, and Cerca Partners. Utila provides a digital asset operations platform for businesses, with clients including payment providers and new banks. (CoinDesk)