Digital asset management startup Utila Inc. today announced that it raised $22 million in a Series A extension round as the institutional demand for cryptocurrency known as stablecoins continues to rise. In the past year, stablecoins have caught the attention of the financial industry, including banks and payment processors. A stablecoin is a type of […] The post Crypto startup Utila raises $22M to build institutional stablecoin infrastructure appeared first on SiliconANGLE.
