Utexo

Blockchain Payment Infrastructureutexo.com

Company typePrivate
Founded2023
HeadquartersDubai, United Arab Emirates
Headcount11–50
GTM typeB2B
OfferingSoftware

Utexo firmographics

Firmographics

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

Utexo industry classification

Industry

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

Where Utexo is headquartered

Location

Headquarters

HQ city: Dubai
HQ country: United Arab Emirates
HQ region: Middle East

Offices2 records

Markets served

Utexo business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

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.
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.
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

Model	Billing	Price
Transaction based/ take rate	Multi-year contract	Enterprise/Custom pricing based on transaction volume

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Utexo product offering

Product offering

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

Companies that use Utexo

Customer profile

Segments6 records

Ideal customer profiles6 records

Utexo technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Utexo partnerships and signals

Strategic signal

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

Utexo competitors and assessment

Company assessment

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

Utexo financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Utexo leadership team

Management profile

Number of profiles

Profiles5 records

Utexo funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors17 records

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

Utexo M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Utexo

What does Utexo do?

Is Utexo a public or private company?

Utexo is a private company. It is classified as venture growth investor backed and is currently operating.

When was Utexo founded?

Utexo was founded in 2023. It employs 11 to 50 people.

Where is Utexo based?

Utexo is headquartered in Dubai, United Arab Emirates, in the Middle East region.

How does Utexo make money?

Three revenue lines are on record. Transaction/Settlement Fees are the primary driver. The others are BTC/USDT Swap Fees and cloud Infrastructure Services.

Who are Utexo's main competitors?

Direct peers on record are Zero Hash, Fireblocks, BitGo, Lightning Labs, Circle, Tether, Bridge (Stripe) and Paxos. LayerZero Labs is listed as an others. Alchemy is listed as a broad incumbent.

Does Utexo have an API?

Yes. Utexo provides a REST API and SDK family for native USDT transfers and RGB asset operations on Bitcoin. The API enables RGB asset operations (privacy-preserving issuance, transfers, state transitions), Lightning execution (routing, payment lifecycle, failure recovery), and balance/audit functions. Available as Node.js SDK (@utexo/rgb-sdk), Web SDK (@utexo/rgb-sdk-web), and React Native SDK (@utexo/rgb-sdk-rn). The Mint API exposes REST endpoints for cross-chain USDT transfers between EVM networks (Arbitrum) and RGB on Bitcoin. Testnet endpoints: RGB Transport at rpcs://rgb-proxy-testnet3.utexo.com/json-rpc, Bitcoin Indexer at ssl://electrum.iriswallet.com:50013. Mint API base URL: https://transfer.dev.utexo.com/api/v0. Developer documentation is at docs.utexo.com.

What industry is Utexo in?

Utexo's product category is Blockchain Payment 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.