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    Home»Cryptocurrency»XDC Network Concludes Integration with Utila Enabling Institutional Access to Custody Assets
    Cryptocurrency

    XDC Network Concludes Integration with Utila Enabling Institutional Access to Custody Assets

    FintechFetchBy FintechFetchMay 27, 2025No Comments3 Mins Read
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    [PRESS RELEASE – London, UK, May 27th, 2025]

    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, and transfers on XDC
    • Connect to the XDC Network from Utila via a customizable EVM RPC for maximum control and performance

    “We’re excited to support the XDC Network as part of our multi-chain strategy,” said Bentzi Rabi, Co-founder & CEO of Utila. “As digital asset payments, tokenization, and RWA adoption accelerate, institutions need flexible, secure infrastructure to operate across blockchain networks. This integration ensures they can do so confidently—without compromising on security or usability.”

    The integration is now available to all Utila and XDC Network customers.

    About XDC Network

    XDC Network is a blockchain specifically developed to support trade finance and RWA tokenization. A highly optimized, EVM-compatible Layer 1, XDC Network reaches consensus through a delegated proof-of-stake (dPoS) mechanism, which allows for a transaction time of mere seconds, near-zero gas fees, and a high number of transactions per second (TPS).

    Secure, scalable, and highly efficient, the XDC Network powers a wide range of novel blockchain use cases and provides state-of-the-art infrastructure for enterprise-grade blockchain applications. For more information, users can visit https://XinFin.org or https://XDC.org.

    About Utila

    Utila is the secure, all-in-one digital asset operations platform for institutions. Utila enables organizations of all sizes to securely manage and build on digital assets.

    Utila offers secure MPC wallets, granular policy controls, robust APIs, payments, and tokenization engine, and integrations with banking, AML, exchanges, DeFi, and more. Trusted by industry leaders, Utila processes over $8B monthly and has secured $35B+ in transactions—growing rapidly. Users can learn more at https://utila.io/.

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