XDC Network Concludes Integration with Utila Enabling Institutional Access to Custody Assets
The post XDC Network Concludes Integration with Utila Enabling Institutional Access to Custody Assets appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. London, UK, May 27th, 2025, Chainwire XDC Network, an enterprise-grade Layer-1 EVM-compatible blockchain today announced they have concluded their integration with Utila, an enterprise-grade digital asset operations platform. With this integration, banks and financial institutions will now be able to custody assets with XDC Network through Utila’s secure, institutional digital asset operations platform. This integration marks another significant milestone for XDC Network. Earlier this year, XDC announced the launch of the first funds on its platform in token form, representing the world’s largest MMFs from providers including abrdn, Fidelity International, BlackRock, and State Street. This builds on the previous partnership announcement between XDC and Archax for real-world asset (RWA) tokenisation. “This new integration is a powerful alliance that enables traditional banks and financial institutions to securely custody and manage assets,” says Ziv Keinan, Head of Markets and Partnerships at XDC. “Utila brings a robust security architecture, intuitive user experience, and seamless integration capabilities, making them an ideal partner as we continue to expand institutional access to digital assets on our network. ” In March 2025, Utila announced that it had secured $18 Million Series A funding to power their institutional digital asset operations, in response to skyrocketing demand for operational use cases like payments, tokenization and treasury management. Utila processes over $8 billion in monthly volume today and has secured over $35 billion in transactions to date. This integration unlocks new capabilities for institutions managing and building on XDC: Securely custody XDC assets using Utila’s non-custodial, MPC-based wallets Implement role-based access and granular policy enforcement across users and teams Automate treasury workflows, token operations,…
The post XDC Network Concludes Integration with Utila Enabling Institutional Access to Custody Assets appeared on BitcoinEthereumNews.com.
Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. London, UK, May 27th, 2025, Chainwire XDC Network, an enterprise-grade Layer-1 EVM-compatible blockchain today announced they have concluded their integration with Utila, an enterprise-grade digital asset operations platform. With this integration, banks and financial institutions will now be able to custody assets with XDC Network through Utila’s secure, institutional digital asset operations platform. This integration marks another significant milestone for XDC Network. Earlier this year, XDC announced the launch of the first funds on its platform in token form, representing the world’s largest MMFs from providers including abrdn, Fidelity International, BlackRock, and State Street. This builds on the previous partnership announcement between XDC and Archax for real-world asset (RWA) tokenisation. “This new integration is a powerful alliance that enables traditional banks and financial institutions to securely custody and manage assets,” says Ziv Keinan, Head of Markets and Partnerships at XDC. “Utila brings a robust security architecture, intuitive user experience, and seamless integration capabilities, making them an ideal partner as we continue to expand institutional access to digital assets on our network. ” In March 2025, Utila announced that it had secured $18 Million Series A funding to power their institutional digital asset operations, in response to skyrocketing demand for operational use cases like payments, tokenization and treasury management. Utila processes over $8 billion in monthly volume today and has secured over $35 billion in transactions to date. This integration unlocks new capabilities for institutions managing and building on XDC: Securely custody XDC assets using Utila’s non-custodial, MPC-based wallets Implement role-based access and granular policy enforcement across users and teams Automate treasury workflows, token operations,…
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