kabooxa.com

Exclusive Interview with Ron Hasgall, Head of Business Development at Utila

Insights on Integrating Blockchain into Mainstream Finance at Money20/20 Europe 2026

Try For Free

This interview consists of 7 questions. You may answer each question either in writing or by using the voice feature.
Jun 03 2026, 16:02
CrispyBull
Hi, my name is Kabooxa, and I will be your interviewer today.
Jun 03 2026, 16:02
CrispyBull

Ron Hasgall Head of business development at Utila

Jun 03 2026, 16:02
You
Hello, Mr. Hasgall. What are some key initiatives Utila is focusing on regarding integrating blockchain into mainstream finance, especially with stablecoins at Money20/20 Europe 2026?
Jun 03 2026, 16:02
CrispyBull

In the end, everyone needs a wallet, right? It's the core idea of a blockchain. You have a non-custodial wallet, we are non-custodial, and you can manage your digital assets and do whatever you want. So, Utility is built as an institutional wallet, right? We are not like a retail, like Metamask or others. We have some more robust features, like our policy engine or gas management, to allow institutions to manage their digital assets across the organization. So, we have DeFi protocols that are using us. We have foundations, like Optimism, that are our clients, or Morpho, like a DeFi protocol that's using Utila to secure the smart contracts, or even Fintechs and banks. So, it's very changing across use cases, from trading, to DeFi, to payments, to treasury management, and stablecoin payments.

Jun 03 2026, 16:13
You
How does Utila ensure that its non-custodial wallet solutions meet the diverse needs of institutions, especially when it comes to features like gas management and policy engines?
Jun 03 2026, 16:13
CrispyBull

Yeah, so now you see like the big change in digital apps, I think it's regulation with GeniaTax and Mika and other kind of jurisdictions that allow you to be compliant, right? And this is important now for every institution. So you still have integrations with AML companies like Chainalysis, Elliptic and TRM to allow you to screen the transactions and to block transactions from being executed. We have a robust security on the private key management, we are SOC2 compliant, we have been auditing on the key management side and we allow you to build robust workflow with our policies to eliminate like... you

Jun 03 2026, 16:15
You
How is Utila adapting its solutions to remain compliant with evolving regulations like GeniaTax and MiCA, especially concerning integrations and transaction monitoring?
Jun 03 2026, 16:15
CrispyBull

Yeah, so basically we support AML integrations that allow you to screen the transaction and eliminate risks around OFAC kind of addresses or functions list and we support now LIPTIC chain analysis and TRM on that sense. And we in a sense we're a tech layer, so we are not regulated, we are working with regulated entity and then they need to be compliant. We also support travel rules and KYB workflows. We are not doing it by ourselves, but we are just allowing our client to build the workflow, the compliant workflow using Utila API and integrations.

Jun 03 2026, 16:16
You
How do Utila's API and integrations support clients in building compliant workflows, particularly with regard to the travel rule and KYB workflows?
Jun 03 2026, 16:16
CrispyBull

So, we have a developer-friendly API, with specific endpoints for transaction API, for balances API, that allow you to build any kind of workflow that you want, with also webhooks and triggers to alert you when something bad happens, or some transactions coming from the offer list. We also have the capabilities to freeze transactions, using the Chainalysis score rating, and allow you to be compliant with everything, from a little KYB to the AML.

Jun 03 2026, 16:17
You
How does Utila's developer-friendly API, with its specific endpoints and alert systems, assist clients in creating compliant workflows and managing risks, particularly in reference to AML and the Chainalysis score rating?
Jun 03 2026, 16:17
CrispyBull

So basically you can think about the API as an easy way to interact with blockchain, whether you want to build your payments workflow, cross-border, pay-in, pay-out, you can actually use the transaction API endpoint to connect it to your back office system and to initiate the transaction with Spring on behalf of Genealysis or TRM. And yeah, like in a sense you can build whatever you want.

Jun 03 2026, 16:18
You
Could you elaborate on how Utila's transaction API helps in streamlining payment workflows, especially in the context of cross-border transactions and integration with systems like Chainalysis or TRM?
Jun 03 2026, 16:18
CrispyBull

Yeah, so when fintech are getting used to the fiat world, they know how to work with banks, they know how to work with chargebacks and frauds, and now they need to start engaging with stablecoins. So in a sense, Utila allows you to do exactly the same thing. You can have the cross-border payments flow with that, to allow you to use our transaction API with your foreign systems, initiate a transaction from wallet to wallet, and then screen the transaction before it happens, establish a waybook to allow you to trigger every time a deposit's coming in. So this is like the cross-border solution, and do the off-ramping needed in the different countries with your correspondent bank or partner.

Jun 03 2026, 16:19
You
How does Utila facilitate fintech transitioning from fiat-centric operations to utilizing stablecoins, especially in terms of cross-border payments and utilizing your transaction API?
Jun 03 2026, 16:19
CrispyBull
Chat is ended. Please click on Start Button to start a new chat.
Jun 03 2026, 16:19
CrispyBull