April 10, 2024

CRYMBO and Utila Forge Strategic Partnership to Enhance Institutional Digital Asset Management

We’re thrilled to announce our partnership with Utila, a leading institutional wallet provider, aimed at enhancing the offerings of both companies. Together, we’re on a mission to empower institutions and crypto companies to manage their digital asset holdings securely and efficiently.

This strategic alliance harnesses the strengths of CRYMBO’s leading orchestration platform, which seamlessly unifies fragmented TradFi, CeFi, and DeFi infrastructure with a single API and Utila’s pioneering institutional crypto operations platform, which enables organizations of all sizes to manage their digital assets securely. By integrating Utila’s cutting-edge technology, including its non-custodial, secure crypto wallet compatible with multiple blockchains, we’re setting a new standard for security, efficiency, and innovation in the industry.

‘’We are delighted to welcome Utila into our marketplace and offer Utila’s innovative vault technology as part of our service offerings. This partnership marks another milestone in our journey towards enhancing the digital asset management landscape. As our marketplace continues to expand with more integrations, our product line undergoes continuous reinforcement, amplifying the benefits we provide to our valued clients,” remarked Eyal Daskal, Founder and CEO at CRYMBO.

The synergy between CRYMBO and Utila is palpable, with both companies demonstrating a deep understanding of market dynamics and customer needs. This partnership seamlessly integrates Utila’s solution with CRYMBO’s existing offerings, resulting in a value proposition that meets industry standards.

In just two short months since the inception of this collaboration, CRYMBO has successfully onboarded four new customers, leveraging the combined strengths of both companies to meet the evolving market demands. This swift deployment underscores the effectiveness of the partnership and its immediate impact on customer satisfaction.

“We’re pleased with the immediate value our partnership has delivered to our clients, demonstrating the strength of our collaboration. With CRYMBO’s orchestration capabilities seamlessly integrated with Utila’s powerful wallet solution, we’re confident that together, we can achieve even greater heights. We look forward to unlocking further opportunities for innovation and growth,” added Eyal Daskal, CEO and Founder of CRYMBO”

Bentzi Rabi, Co-Founder and CEO, Utila, said “At Utila, we’re constantly innovating to push the boundaries of secure digital asset management. This partnership with CRYMBO feels like a natural evolution — together, we’re offering a powerful solution empowering institutions to navigate the digital asset landscape with greater confidence and ease.” He added “It is a win-win for both Utila and CRYMBO, but most importantly, it’s a win for our clients. We look forward to a fruitful collaboration and shaping the future of the digital assets space.”

Looking ahead, CRYMBO and Utila are poised to deepen their partnership, exploring avenues for further integration and product enhancement. As the industry continues to evolve, this alliance stands as a testament to the power of collaboration in driving meaningful change and elevating customer experiences.

About Utila

Utila is an institutional crypto operations platform enabling organizations of all sizes to securely manage digital assets. We empower institutions and Web3 companies to efficiently manage crypto assets across multiple blockchains, wallets and users on a single platform without any complexity. We offer a secure, non-custodial, chain-agnostic, enterprise-grade wallet platform powered by MPC key management for ultimate security and a robust transaction policy engine for granular control. Developers can leverage our API to build custom offerings on top of our secured multi-chain wallet infrastructure. Our mission is to make enterprise-grade wallets more accessible, secure and usable.

Learn more at https://utila.io/

About CRYMBO

CRYMBO is a leading orchestration platform that unifies fragmented TradFi, CeFi, and DeFi infrastructure with a single API. The solution simplifies and optimizes digital asset operations, catering to institutional investors, investment houses, hedge funds, exchanges, banks, EMIs, and payment service providers. Prioritizing both cost efficiency and time-to-market, CRYMBO offers institutional clients a significant advantage by reducing integration and reconciliation costs and timelines. This enables them to allocate resources more effectively, directing their efforts towards revenue-generating activities with enhanced agility.

For more information, visit: https://www.crymbo.com/

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