Utexo raises $7.5M in Seed
Amount$7.5M
Round TypeSeed
DateMarch 16, 2026
Lead InvestorsTether
Other InvestorsFranklin Templeton, Maven11 Capital, Portal Ventures, Big Brain Holdings, Fulgur Ventures
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Funding News3 months ago
Utexo Secures $7.5M Seed for Bitcoin Stablecoin Infrastructure
UAE-based blockchain infrastructure startup Utexo raised $7.5 million in a seed round, led by Tether, to develop enterprise-grade infrastructure for USDT payments on the Bitcoin network. This funding validates the growing demand for stablecoin solutions integrated directly with major blockchain networks.
DXB Start·1 min read