UTEXO

Utexo is a Dubai-based Bitcoin-native settlement network enabling fast, private, and compliant USDT payments for retailers, businesses, and financial institutions. Founded in 2025, the company built its infrastructure on Bitcoin, the Lightning Network, and RGB protocol to provide scalable rails for stablecoin settlement without relying on expensive, congested Layer 1 execution. Utexo's mission is to turn Bitcoin into the global leading settlement layer for stablecoins. The company offers two primary products: Utexo API for programmatic USDT settlement with configurable fees and privacy, and Utexo Cloud for fully managed Lightning Network infrastructure with enterprise-grade yield generation. In March 2026, Utexo raised a $7.5 million seed round co-led by Tether, Big Brain Holdings, and Portal Ventures, with participation from over fifteen institutional investors including Franklin Templeton, Maven11 Capital, Flow Traders, and Alchemy. The company targets enterprise wallets, retail wallets, custodians, exchanges, and payment service providers (PSPs) looking to reduce settlement costs and capital lock-up.