Blockchain payment infrastructure company Utexo has completed a $7.5 million seed round financing, led by Tether and others

Blockchain payment infrastructure company Utexo announced the completion of a $7.5 million seed round financing, led by Tether, Big Brain Holdings, and Portal Ventures, with participation from over a dozen institutions including Franklin Templeton, Maven11 Capital, and Flow Traders.

Utexo integrates Bitcoin, the Lightning Network, and the RGB protocol to provide payment operators with a single API access, enabling instant settlement of USDT on the Bitcoin native network, with fixed and predictable transaction fees, settlement times of less than 1 second, and fully encrypted private execution throughout the process. This move marks the official "return" of USDT to the Bitcoin network after more than a decade, and is expected to promote Bitcoin as the core settlement track for global dollar payments.