Utexo Taps RGB Architect Federico Tenga to Advisory Board

In a significant move for Bitcoin-native finance, Utexo, a pioneer in Bitcoin yield and payment infrastructure, has appointed Federico Tenga to its advisory board. Tenga, a foremost authority on the RGB protocol and a key architect behind its development, currently serves as R&D Strategist within the Bitfinex and Tether ecosystem. His work includes leading the development of the RGB Lightning node, Iris Wallet, and rgb-lib, a widely adopted open-source Rust library that simplifies development on RGB. This addition marks a major milestone in Utexo’s mission to build the foundational layer for stablecoin issuance and global payments on Bitcoin.

“Federico is one of the people building the RGB ecosystem at the protocol level,” said Viktor Ihnatiuk, CEO of Utexo. “His decision to join Utexo’s advisory board reinforces how closely aligned we are with the future direction of Bitcoin. Federico brings deep technical expertise, and his insight will help ensure Utexo continues to push forward Bitcoin-native stablecoin infrastructure.” Tenga’s role within the Bitfinex and Tether ecosystem creates a direct technical connection between Utexo and the teams advancing USDT’s integration on Bitcoin via RGB. His appointment also strengthens Utexo’s strategic alignment with Tether, which co-led the company’s $7.5 million seed round.

“Utexo represents one of the most compelling real-world implementations of RGB today,” said Federico Tenga. “The team is focused on solving payment and liquidity challenges using Bitcoin as the base layer. The opportunity to help shape how stablecoins operate natively on Bitcoin at both the protocol and application level is compelling. I look forward to contributing to Utexo’s growth within the RGB ecosystem.” Prior to his current role, Tenga co-founded Chainside, an Italian Bitcoin payment processor that enabled merchants to accept Bitcoin, including through a partnership with itTaxi, Italy’s largest taxi network. He also contributed to blockchain policy as a member of the Italian Ministry of Economic Development’s national blockchain task force. With Tenga joining its advisory board, Utexo continues to expand its technical leadership across Bitcoin, stablecoins, and financial infrastructure.