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Cryptocurrency News Articles

XDC Network Integrates with Utila's Enterprise-Grade Digital Asset Operations Platform

May 27, 2025 at 08:30 pm

XDC Network, an enterprise-grade Layer-1 EVM-compatible blockchain today announced they have concluded their integration with Utila

XDC Network Integrates with Utila's Enterprise-Grade Digital Asset Operations Platform

May 27th, 2025, London, UK, Chainwire

XDC Network, an enterprise-grade Layer-1 EVM-compatible blockchain today announced they have completed 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, 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 in a cutting-edge manner,” says Ziv Keinan, Head of Markets and Partnerships at XDC. “Utila brings a robust security architecture, an 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 they had secured $18 Million Series A funding to support their expansion in providing theஞ்சਾ

Original source:finbold

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