Utexo
Utexo is a company based in United Arab Emirates. Builders in Fintech has recorded 1 equity round for Utexo: a seed round of $7.5M on 6 March 2026.
Added ·
- $7.5M
- Seed · $7.5M · 6 March 2026 · led by Big Brain Holdings, Portal Ventures, Tether
Timeline
Seed · $7.5M · Big Brain Holdings (lead), Portal Ventures (lead), Tether (lead), Flow Traders, Franklin Templeton, Fulgur Ventures, Maven 11
All funding rounds in the database
Product
Infrastructure to issue and move USDT on Bitcoin and Lightning
Crypto infrastructure
Utexo provides infrastructure for USDT on Bitcoin, built on Bitcoin, the Lightning Network and the RGB protocol. Its product suite has three parts: Mint, which it describes as the official gateway for minting and redeeming USDT on Bitcoin; an SDK with RGB and Lightning libraries for apps; and Cloud, a managed RGB-Lightning infrastructure for operators who do not want to run nodes. The company says every USDT minted on Bitcoin is backed 1:1 by USDT or USDT0 locked on supported networks. Transactions are private, with selective disclosure for regulatory compliance. Pages for exchanges, payment service providers and retail wallets describe fixed-cost, private USDT withdrawals and settlement.
Agent access
- API documentation
- Open
Description from the company website
Agent-Ready: not yet assessed · How we check
Description from the company website · Source