Utexo is a Bitcoin-native infrastructure project that enables instant, private USDT settlement over the Lightning Network and RGB protocol. Utexo's Twitter Score is 25 out of 1000 as of September 2026, ranking #39,425 (top 10%) among 486,037 tracked accounts.
Utexo was co-founded by Viktor Ihnatiuk, Chris Hutchinson, and Renat Skitsan. The project builds infrastructure that lets developers and businesses move USDT on Bitcoin rails, offering APIs for instant settlement with configurable fees and built-in privacy, alongside managed Lightning infrastructure through Utexo Cloud. Utexo is affiliated with RGB OS Ltd. and has integrated its SDK into Tether's Wallet Development Kit, enabling WDK-powered wallets to issue, receive, and transfer RGB assets.
Utexo absorbed ThunderStack, an RGB and Lightning infrastructure company that Renat Skitsan founded and that was backed by Tether Investments and Fulgur Ventures, folding its stack into the execution layer of the platform. Utexo also announced an integrated solution with Concordium that combines its Bitcoin-Lightning USDT settlement infrastructure with Concordium's identity layer for compliance-ready private payments. Maurice NG and Federico Tenga serve as advisors, with Tenga focused on RGB protocol development, Lightning Network infrastructure, and Bitcoin-native stablecoin payment systems.
Utexo raised a $7.5 million seed round announced in March 2026, led by Tether, Big Brain Holdings, and Portal Ventures. Additional backers include Franklin Templeton, Maven11 Capital, Fulgur Ventures, Alchemy VC, Ethereal Ventures, Auros Ventures, Arcanum Capital, Paper Ventures, Axia8, Flow Traders, Plan B, Gate Ventures, Sats Ventures, and KuCoin Ventures. Utexo's account has published 3,756 posts and has been mentioned by 52 accounts a total of 316 times, with 9,816 followers as of September 2026 on the platform.
Who follows Utexo on X?
Utexo draws a technically engaged audience across the Bitcoin and broader crypto ecosystem. The accounts that follow Utexo include 117 founders, 27 angel investors, 62 influencers and 6 VCs, among them Paolo Ardoino, Cointelegraph, Seraphim, Caitlin Long, The Bitcoin Historian and SKYLINE.