Gate Ventures Announces Strategic Investment in Utexo to Drive Bitcoin-Native Stablecoin Infrastructure Development
Odaily News: Gate Ventures, the venture capital arm of cryptocurrency trading platform Gate, has officially announced a strategic investment in Utexo. Utexo is a Bitcoin-native settlement infrastructure that integrates the RGB protocol with the Lightning Network, enabling private, instant, and non-custodial stablecoin transactions on the Bitcoin network. This initiative aims to directly bring stablecoin liquidity into the Bitcoin ecosystem and expand decentralized finance (DeFi) application scenarios.
This collaboration reflects Gate Ventures' ongoing commitment to supporting infrastructure development, aiming to strengthen Bitcoin's role within the digital financial system. By enabling native stablecoin issuance, payment, and trading 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 (DEXs), payment networks, and scalable settlement systems, offering convenient access pathways for developers, wallets, and financial institutions.
