Quick Take Utila raised $22 million in a Series A extension round led by Red Dot Capital Partners, “nearly tripling” its valuation six months after its initial Series A. The firm plans to expand its 40+ team by 15–20 hires this year, co-founder and CEO Bentzi Rabi told The Block. Utila, a crypto infrastructure provider focused on stablecoins, raised $22 million in a Series A extension round, "nearly tripling" its valuation six months after its initial Series A, the firm said Wednesday.Israel-bas...