Gate Ventures strategically invests in Utexo to promote the development of Bitcoin-native stablecoin infrastructure.

BTC-2,12%

Gate News: On March 6, Gate’s venture capital arm, Gate Ventures, announced a strategic investment in Utexo. Utexo is a Bitcoin-native settlement infrastructure that integrates the RGB protocol and the Lightning Network, supporting private, instant, and non-custodial stablecoin transactions on the Bitcoin network. It brings stablecoin liquidity directly into the Bitcoin ecosystem and expands decentralized finance applications. By enabling native issuance, payments, and trading of stablecoins on Bitcoin, Utexo leverages Bitcoin’s security while ensuring privacy and self-custody. Its architecture also provides a foundation for Bitcoin-native financial applications, including decentralized exchanges, payment networks, and scalable settlement systems, offering developers, wallets, and financial institutions easy access. Through this investment, Gate Ventures and Utexo will collaborate on ecosystem development, strategic partnerships, and global market expansion to promote innovative applications and upgrade Bitcoin-native financial infrastructure.

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ToAttractWealthAndTrvip
· 03-06 14:59
Wishing you great wealth in the Year of the Horse 🐴
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