深潮TechFlow|Mar 06, 2026 14:21
[Utexo Completes $7.5 Million Funding Round, Led by Tether and Others]
According to Deep Tide TechFlow on March 6, blockchain payment infrastructure company Utexo announced the completion of a $7.5 million seed funding round, co-led by Tether, Big Brain Holdings, and Portal Ventures, with over ten institutions including Franklin Templeton, Maven11 Capital, and FlowTraders participating. Utexo integrates Bitcoin, the Lightning Network, and the RGB protocol to provide payment operators with a single API access point, enabling instant settlement of USDT on Bitcoin's native network with fixed and predictable transaction fees, settlement times of less than one second, and fully encrypted private execution. This move marks the official "return" of USDT to the Bitcoin network after more than a decade and is expected to drive Bitcoin to become the core settlement rail for global dollar payments.
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