Ubyx
- Company typePrivate
- Founded2025
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Ubyx does
Ubyx is a clearing and acceptance network for tokenized money, including stablecoins and tokenized bank deposits. Founded on 24 March 2025 by Tony McLaughlin, a payments veteran from Citi and Barclays, the company operates a collection model analogous to cheque clearing rather than an exchange order book, enabling par-value redemption of tokenized money through regulated financial institutions. The platform is a multi-chain, multi-currency infrastructure supporting 15 blockchains (including Aptos, Solana, Canton, Stellar, and XRP Ledger) and connects 15 stablecoin issuers, 18 scaling partners (custody, compliance, interoperability), and multiple receiving institutions via REST and event streaming APIs built on OpenAPI 3.1 and AsyncAPI 2.6 specifications. Ubyx monetises through transaction-based clearing and settlement fees paid by issuers and receiving institutions, plus FX conversion spreads on cross-currency redemptions and custody income for participating banks and fintechs. The company targets a horizontal customer base spanning stablecoin and tokenized deposit issuers, banks, fintechs, blockchains, and corporate treasurers, with strategic backing from Galaxy Ventures, Barclays, AB Xelerate (Arab Bank), and BitGo, and live participation from issuers including Paxos, Ripple, Agora, and Monerium. The firm is headquartered in Wilmington, Delaware (Ubyx Inc.) with operational offices in London and New York City, and operates masternodes on the XDC Network as part of its public-chain infrastructure commitments.
Ubyx firmographics
Firmographics- Name
- Ubyx
- Legal name
- Ubyx Inc.
- Website
- https://ubyx.xyz
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Ubyx industry classification
Industry- Product category
- Stablecoin Clearing Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)
- akta.pro secondary industries
- Stablecoin Payment Rails & Settlement Networks (Issuer-Led) (FSADADAF), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE)
Keywords
Where Ubyx is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Ubyx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Clearing and Settlement Fees: Issuers earn clearing fees as their tokens are redeemed through the network. More receiving institutions joining the network means more redemption volume and more fee revenue per token. Banks and fintechs generate settlement fees on every tokenized money redemption processed through their institution.
- FX Conversion Spreads: Institutions earn FX conversion spreads on cross-currency tokenized money redemptions. The multi-currency, multi-chain architecture enables spread revenue across supported currencies.
- Custody Income: Banks and fintechs earn custody income from holding tokenized money on behalf of customers through their multi-chain wallet infrastructure.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Ubyx product offering
Product offeringCore offering
Ubyx operates a clearing and acceptance network for tokenized money — stablecoins and tokenized bank deposits — connecting multiple issuers, multiple blockchains, and multiple receiving institutions through a single integration. The platform runs a collection model (par-value redemption via regulated financial institutions, analogous to cheque clearing) rather than an exchange order book, and exposes clearing operations via REST and event streaming APIs. Launched with a coalition of 15 stablecoin issuers, 15 blockchains, and 18 scaling/infrastructure partners.
Product overview
Ubyx is a clearing and acceptance network for tokenized money, connecting issuers, banks, fintechs, and blockchains to enable par-value redemption of stablecoins and tokenized bank deposits across jurisdictions. The core product is the Ubyx Clearing Platform, which operates a collection model (not exchange/sale model) providing predictable par-value settlement through regulated institutional channels. The Developer Portal provides programmatic access via REST and Event Streaming APIs built on OpenAPI 3.1 and AsyncAPI 2.6 specifications. Supporting offerings include the Stablecoin Ubiquity founding whitepaper, the Commerce at Machine Speed thought leadership series on agentic commerce infrastructure, the Tokenized Cash Management Advisory Group (TCMAG) practitioner initiative, and XDC Network validator operations.
Differentiator
Problem solved
Functional benefit
Brands
- TCMAG: Tokenized Cash Management Advisory Group - an industry advisory group convened by Ubyx that brings together senior treasury professionals from leading multinationals to identify requirements and set standards for tokenized cash management.
Products and services
- Ubyx Clearing Platform Acceptance and clearing infrastructure for tokenized money (stablecoins and tokenized bank deposits) that connects multiple issuers, blockchains, and receiving institutions, enabling par-value redemption through regulated financial institutions via a collection model analogous to cheque clearing.
- Ubyx Developer Portal Programmatic access to the Ubyx clearing platform via REST and Event Streaming APIs (OpenAPI 3.1, AsyncAPI 2.6) for clearing operations, institution management, and real-time transaction lifecycle events, with secure institution-scoped API key authentication, idempotency, audit trails, and an interactive Swagger UI.
- Ubyx XDC Network Validator Service Validator services on the XDC Network, an ISO 20022-compatible blockchain for global trade and cross-border payments. Ubyx operates masternodes that secure the network and validate transactions, supporting institutional-grade public-chain infrastructure for value transfer.
Quantifiable outcome
- 10M+ stablecoin redemption fees for a bank with 5% market share capturing 5% of global flow
- +2 more outcomes
Companies that use Ubyx
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Ubyx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Ubyx partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- 15 Stablecoin Issuers (Paxos, Ripple, Agora, Transfero, Monerium, GMO Trust, BiLira, Juno/Bitso, Brale, Minteo, Tokenised GBP, Avenia, Agant, AllUnity, Eurodollar)coreNetwork launch included 15 stablecoin issuers participating in Ubyx's clearing infrastructure, representing tokens across multiple currencies and blockchain networks. Issuers gain ubiquitous acceptance without bilateral integrations.
- 15 Blockchains (Aptos, Arbitrum, Avalanche, Base, Canton, Concordium, Hedera, Polygon, Solana, Starknet, Stellar, Sui, XDC, XRP Ledger, ZKsync)coreNetwork launch included 15 blockchain networks supporting tokenized money clearing. Blockchains gain institutional distribution and banking system connectivity through Ubyx's acceptance network.
- 18 Scaling Partners (Axelar, BitGo, Chainalysis, Chavanette Advisors, Copper, DFNS, Digital Asset, Fireblocks, GK8 by Galaxy, IntellectEU, Kaleido, LayerZero, Silence Labs, Taurus, TRM Labs, Utila, Zodia Custody, Zuehlke)coreNetwork launch included 18 infrastructure scaling partners providing compliance, custody, security, and interoperability services. These partners enable institutions to integrate with the Ubyx network without building blockchain infrastructure from scratch.
Scale indicators5 records
Recent moves7 records
Expansion highlights7 records
Ubyx competitors and assessment
Company assessmentDirect peers
- Circle: Issuer of USDC stablecoin and operator of stablecoin payment infrastructure. Directly comparable as a major stablecoin issuer participating in Ubyx's clearing network, with overlapping focus on making stablecoins viable for payments and institutional adoption.
- Paxos: Regulated stablecoin issuer (PYUSD, USDP) and blockchain infrastructure provider. Both a Ubyx network partner and a direct comparable in stablecoin issuance and institutional tokenization services.
- Ripple: Issuer of RLUSD stablecoin and operator of cross-border payment infrastructure (RippleNet/XRP Ledger). Comparable as both a Ubyx network partner (issuer and blockchain) and a competitor in tokenized money and cross-border settlement.
- Fireblocks: Institutional digital asset custody and settlement platform. A Ubyx scaling partner, and directly comparable in providing infrastructure for banks and institutions to securely manage and transact tokenized assets across multiple chains.
- BitGo: Institutional custody provider and operator of BitGo Bank & Trust (OCC-regulated trust bank). Both a Ubyx investor and settlement agent, providing regulated custody and settlement services comparable to Ubyx's clearing infrastructure.
- Tether: Largest stablecoin issuer by market cap (USDT). Comparable as a major stablecoin issuer that requires acceptance and redemption infrastructure, though not currently part of the Ubyx network.
Emerging players
- Stripe: Major payments processor that acquired Bridge (stablecoin API platform) and is expanding into stablecoin acceptance and settlement. Comparable as an emerging player in stablecoin payment infrastructure targeting merchants and platforms.
Broad incumbents
- Visa: Global card network expanding stablecoin settlement capabilities via partnerships with Circle, Solana, and others. Comparable as a broad incumbent whose payment network could compete with or complement Ubyx's clearing rails.
- Mastercard: Global card network with stablecoin and tokenized asset initiatives. Comparable as a broad incumbent that could build or partner for stablecoin clearing infrastructure at scale.
Others
- Chainalysis: Blockchain analytics and compliance platform. A Ubyx scaling partner providing AML/KYC/sanctions screening for the network, comparable as enabling infrastructure rather than direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Ubyx social profiles
Digital presenceUbyx compliance and trust
Trust signalCompliance4 records
Ubyx financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ubyx leadership team
Management profileNumber of profiles
Profiles21 records
Ubyx funding detail
Funding detailFunding overview
Funding rounds4 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ubyx M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ubyx
What does Ubyx do?
Ubyx operates a clearing and acceptance network for tokenized money — stablecoins and tokenized bank deposits — connecting multiple issuers, multiple blockchains, and multiple receiving institutions through a single integration. The platform runs a collection model (par-value redemption via regulated financial institutions, analogous to cheque clearing) rather than an exchange order book, and exposes clearing operations via REST and event streaming APIs. Launched with a coalition of 15 stablecoin issuers, 15 blockchains, and 18 scaling/infrastructure partners.
Is Ubyx a public or private company?
Ubyx is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ubyx founded?
Ubyx was founded in 2025. It employs 1 to 10 people.
Where is Ubyx based?
Ubyx is headquartered in London, United Kingdom, in the Europe region.
How does Ubyx make money?
Three revenue lines are on record. Clearing and Settlement Fees are the primary driver. The others are FX Conversion Spreads and custody Income.
Who are Ubyx's main competitors?
Direct peers on record are Circle, Paxos, Ripple, Fireblocks, BitGo and Tether. Stripe is listed as an emerging player. Broad incumbents are Visa and Mastercard. Chainalysis is listed as an others.
Does Ubyx have an API?
Yes. The Ubyx platform exposes a complete set of REST and Event Streaming APIs for clearing operations, institution management, and real-time transaction lifecycle events. Built on OpenAPI 3.1 and AsyncAPI 2.6 specifications. Provides programmatic access to conversion requests, institution profile management, settlement instructions, confirmations, and finality status. Authenticated via secure, institution-scoped API keys with granular access control. Includes comprehensive error handling, idempotency support, and detailed audit trails for enterprise-grade institutional workloads. Interactive Swagger UI documentation with live request testing available. Developer documentation is at developers.ubyx.xyz.
What industry is Ubyx in?
Ubyx's product category is Stablecoin Clearing Infrastructure. Its primary akta.pro industry code is FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury), with a secondary code of FSADADAF, Stablecoin Payment Rails & Settlement Networks (Issuer-Led). Its NAICS code is 522320 and its SIC code is 6200.