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

May 27, 2025

Chainwire Chainwire

Avg. 2 Min read

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”. “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. - Ziv Keinan, Head of Markets and Partnerships at XDC.

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. “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.” - Bentzi Rabi, Co-founder & CEO of Utila.

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

P.S: READ THE FULL PRESS RELEASE HERE