The issuer behind the USDT stablecoin joined a $5.2 million funding round for Ark Labs, backing software that could let stablecoins move and settle on Bitcoin rails.
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UAE-based Utexo closes $7.5M Tether-led funding round to build Bitcoin-based stablecoins
UAE-based Utexo, which makes Bitcoin-native stablecoin settlement practical, predictable, and easy to integrate, has announced that it has raised $7.5 million in a seed round to build USDT stablecoin ...
Dubai, UAE, March 6th, 2026, ChainwireUtexo makes Bitcoin-native stablecoin settlement practical, predictable, and easy to ...
Ark Labs raises $5.2M led by Tether to advance Bitcoin payments infrastructure, addressing programmability gaps with its ...
Tether backs Ark Labs’ $5.2M round to expand stablecoin infrastructure on Bitcoin through Arkade, enabling faster ...
Tether has backed Ark Labs in a $5.2 million seed round, as the Bitcoin infrastructure startup aims to expand stablecoin activity on Bitcoin through Arkade, the firm’s programmable layer. The Lugano, ...
Tether invests in Ark Labs to develop programmable stablecoin infrastructure on Bitcoin, enhancing transaction capabilities and global USD₮ accessibility.
Overview: Tether led a $50 million funding round in Eight Sleep, pushing the company’s valuation to $1.5 billionCrypto ...
In a move underscoring its commitment to the web3 and cryptocurrency sector, Tether, the issuer of the world’s largest stablecoin USDT in terms of market cap and overall global adoption, expanded its ...
When Tether Holdings chose Uruguay for its Bitcoin (BTC) mining activity, the reason was simple: cheap energy costs. But once a lucrative affair, Bitcoin mining is no longer drawing the same kind of ...
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