Name

Utexo

Legal name

RGB OS Ltd.

Website

https://utexo.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Blockchain Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming, Data Processing, Etc. (7370)

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), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE), Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB)

Keywords

• Stablecoin payment infrastructure
• Bitcoin settlement layer
• Lightning Network payments
• USDT transactions
• Blockchain infrastructure

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Transaction/Settlement Fees: Utexo charges fees on USDT payment settlements processed through its Bitcoin-native infrastructure. Fees are fixed at the protocol level rather than market-priced, providing predictable unit economics for payment operators.
2. BTC/USDT Swap Fees: Fees earned on BTC to USDT swaps executed via the Swap DEX powered by HotPot protocol. Liquidity providers can supply RGB-native assets and earn fees.
3. Cloud Infrastructure Services: Managed Lightning Network infrastructure subscription for operators who need RGB-enabled Lightning node capabilities without self-hosting. Includes node lifecycle management, health monitoring, and backup services.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Utexo builds Bitcoin-native payment infrastructure that enables USDT (stablecoin) transactions to settle directly on the Bitcoin network. The platform combines the Lightning Network for off-chain execution with the RGB protocol for client-side validated asset issuance, exposing this as APIs, SDKs, and managed cloud infrastructure for enterprise payment operators. Supporting modules include Mint for cross-chain USDT transfers and Swap for non-custodial BTC/USDT exchange.

Product overview

Utexo is a Bitcoin-native execution and settlement layer for stablecoin payments, operating as a platform-plus-modules architecture. The core offerings include the API (gateway for USDT on Bitcoin), Cloud (managed Lightning infrastructure), and SDK family (Node.js, Web, React Native). Supporting modules include Mint (cross-chain USDT transfers from EVM/Non-EVM to Bitcoin RGB) and Swap (BTC/USDT exchange via HotPot protocol). The platform serves multiple customer segments including PSPs, Exchanges, Custodians, Retail Wallets, Enterprise Wallets, and iGaming operators. Built on a layered stack combining Bitcoin (settlement anchor), Lightning Network (off-chain execution), and RGB protocol (asset issuance and client-side validation).

Differentiator

Problem solved

Functional benefit

Products and services

• Utexo API
• Utexo Cloud
• Utexo SDK
• Utexo Mint
• Utexo Swap
• Utexo Wallet Development Kit (WDK)

Quantifiable outcome

• USDT transactions settle in under 1 second (approximately 200ms latency, comparable to Visa speeds)
• +2 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core, minor and flagship.

• x402coreTechnology or Integration · 16 April 2026Collaboration announced April 16, 2026 to integrate USDT support into the x402 payment protocol, enabling near-instant settlement for agent-to-agent transactions with speeds as fast as 50 milliseconds. The integration expands x402's initial USDC-only support to include one of the most widely used stablecoins globally, targeting AI systems and autonomous agents requiring fast, programmable payments for API calls, on-demand data access, and cross-platform service coordination.
• Solv ProtocolcoreStrategic or Co-development Partner · 15 April 2026Strategic integration announced April 15, 2026 to launch what they describe as the industry's first bitcoin-native yield powered by atomic swaps between BTC and Tether's USDT directly on Bitcoin's rails. The integration eliminates wrappers, bridges, and custodial dependencies while maintaining self-custody, privacy, and settlement finality. Positions Solv Protocol to capture institutional demand as Bitcoin-native stablecoins gain traction, coinciding with Tether's announced plan to issue USDT natively on RGB-compatible Lightning rails.
• ConcordiumcoreStrategic or Co-development Partner · 1 April 2026Strategic partnership announced April 1, 2026 to develop compliant payments infrastructure targeting regulated industries, initially focusing on online gaming, sports betting, and AI agent payments. The joint solution combines Utexo's USDT settlement on Bitcoin Lightning with Concordium's zero-knowledge proof identity layer to address cost, speed, privacy, and compliance issues. Partnership aims to support over 300 companies with scalable, compliant agentic payments infrastructure.
• Cointelegraph (CTDG Dev Hub)minorGTM or Marketing Partner · 4 February 2026Utexo joined Cointelegraph's CTDG Dev Hub, a developer-centric technical hub focused on protocol design and network upgrade proposals. The hub provides Utexo with visibility among Bitcoin developers and access to the collaborative development environment.
• HotPot ProtocolcoreTechnology or IntegrationUtexo Swap is powered by the HotPot intent-based protocol, an open liquidity layer connecting fragmented liquidity across multiple blockchains. HotPot coordinates quote requests, intent creation, and resolver execution for the swap lifecycle, providing non-custodial BTC/USDT exchange with atomic settlement.
• Tether R&D / Federico TengaflagshipStrategic or Co-development PartnerAdvisor Federico Tenga is R&D within the Tether ecosystem, leading development of the RGB protocol, RGB Lightning node, and Iris Wallet. He is creator of rgb-lib, an open-source Rust library for building RGB applications, and advises Utexo on RGB protocol development, Lightning Network infrastructure, and Bitcoin-native stablecoin payment systems. Platform built in collaboration with Tether's R&D team.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Zero Hash: Embedded digital asset infrastructure (custody, settlement, payments, staking) sold via API to fintechs and brokerages. Zero Hash is a near-direct competitor to Utexo for enterprise API-first stablecoin settlement.
• Fireblocks: Institutional digital asset custody, settlement, and payment infrastructure. Fireblocks sells into the same exchange, custodian, and PSP segments as Utexo and offers comparable stablecoin payment/transfer rails.
• BitGo: Institutional digital asset custody and settlement provider. BitGo offers multi-asset custody and OTC settlement that competes directly with Utexo's custodian segment (BTC + USDT settlement and yield).
• Lightning Labs: Core developer of the Lightning Network protocol that underpins Utexo's execution layer. Lightning Labs and Utexo share an addressable customer base of Lightning-based payment operators and compete for the attention of payment-service providers building on Bitcoin.
• Circle: Issuer of USDC and the dominant regulated stablecoin. Circle competes head-to-head with USDT and offers payment/settlement APIs and infrastructure that overlap with Utexo's PSP/exchange target segments.
• Tether: Issuer of USDT and Utexo's co-lead investor. Utexo's entire product exists to enable USDT settlement on Bitcoin, so Tether is both the primary counterparty and the closest comparable in terms of stablecoin payment distribution ambition.
• Bridge (Stripe): Stablecoin payment API acquired by Stripe, enabling fiat↔stablecoin orchestration for businesses. Bridge competes with Utexo in the stablecoin-as-payment-rail category with deep enterprise distribution via Stripe.
• Paxos: Regulated stablecoin issuer (PYUSD for PayPal, USDP, BUSD historically) and stablecoin infrastructure provider. Paxos targets the same enterprise/PSP/payment-rails customers as Utexo with comparable API-first distribution.

Others

• LayerZero Labs: Cross-chain interoperability protocol that Utexo's Mint component uses to route USDT from EVM/non-EVM networks to Bitcoin. LayerZero is an enabling/dependency relationship rather than a direct competitor.

Broad incumbents

• Alchemy: Broad Web3 developer-infrastructure platform (RPC, indexing, APIs) and a Utexo seed-round investor. Alchemy competes indirectly via developer mindshare and offers comparable enterprise/PSP integrations at much greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/utexocom
• LinkedInlinkedin.com/company/utexo

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Utexo