# Utexo

> Native USDT payments on Bitcoin

## Facts

- **Sector:** Fintech
- **Founded:** 2025
- **Total funding raised:** $7.5M Seed
- **Status:** Active
- **Headquarters:** Dubai
- **Employees:** 1-10
- **Website:** https://utexo.com
- **Verified (claimed by company):** No

## About

Dubai-based crypto infrastructure startup building native USDT settlement on Bitcoin via the Lightning Network and the RGB protocol. Founded in 2025. Designed for sub-second, non-custodial stablecoin payments without wrapped-asset layers.

## Funding rounds

- 2026-03-16 — $7.5M Seed (investors: Tether; Franklin Templeton, Maven11 Capital, Portal Ventures, Big Brain Holdings, Fulgur Ventures)


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Source: DXBStart — the working index of the UAE startup ecosystem. Canonical page: https://www.dxbstart.com/company/utexo
More machine-readable resources: https://www.dxbstart.com/llms.txt
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