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Introducing Utexo, a UAE-based blockchain infrastructure startup, has raised $7.5M in seed funding led by tether, with participation from BigBrainVC, PortalVentures, Franklin Templeton, Maven11 Capital, and Fulgur Ventures. The company is focused on enabling direct USDT payments on the Bitcoin network with greater speed, efficiency and privacy. By leveraging Layer 2 technologies like Lightning and RGB, Utexo delivers: โข Near-instant settlements โข Lower transaction costs โข Stronger privacy for institutional transactions Built with institutions in mind, its APIs and infrastructure integrate smoothly with existing systems, so there is no need for major changes in compliance or custody setups. Utexo also introduces a flat fee model in USDT, helping businesses avoid unpredictable network costs and manage payments more efficiently. To get instant updates. Join Discord: discord.gg/utexo ๐๐ญ๐๐ฒ ๐ญ๐ฎ๐ง๐๐ x.com/utexocom #utexo