- Data completeness
- 100%
- Confidence
- 94%
- Sources
- 3
- Last reviewed
- 7 Jun 2025
The take
What to know
Best for
- +Stablecoin and tokenized-deposit issuers seeking broader regulated redemption reach
- +Banks and fintechs wanting to accept tokenized money without bilateral issuer integrations
- +Corporate treasury use cases needing par-value redemption
Watch out
- Redemption runs through regulated financial institutions, so utility depends on institutional participation
- As a clearing network, its value grows with adoption across issuers, chains, and partners
The record
Key facts
- What it does
- An acceptance and clearing network for tokenized money that lets stablecoins and tokenized deposits be redeemed at par value (1:1) through regulated financial institutions.· 97%
- Clearing mechanism
- Uses a 'collection model' — receiving institutions submit tokenized money for par-value collection rather than selling it on an exchange order book at variable prices.· 88%
- Role on Tempo
- Listed among Tempo's ecosystem infrastructure partners, serving as a clearing/acceptance layer for tokenized-money payment flows.· 90%
- Founded
- March 2025.· 97%
- Founder & CEO
- Tony McLaughlin (CEO and founder).· 97%
- Key investors
- Galaxy Ventures (lead), Coinbase Ventures, Founders Fund, VanEck, and Barclays.· 93%
The timeline
History
2025-03
Ubyx founded
Ubyx founded by Tony McLaughlin to provide par-value redemption infrastructure for tokenized money.
2025-06
$10M seed round
Raised a $10 million seed round led by Galaxy Ventures, with participation from Coinbase Ventures, Founders Fund, VanEck, and Barclays.
2025-12
Named in Tempo partner update
Tempo listed Ubyx among ecosystem infrastructure partners in its December 9, 2025 partner update; one analyst dates the partnership earlier (~Sept 2025).
2026-01
Barclays strategic investment
Ubyx reported a strategic investment from Barclays in early 2026; the exact reported date differs between analysts.
Questions
FAQ
- What is Ubyx?
- An acceptance and clearing network for tokenized money, built so stablecoins and tokenized bank deposits can be redeemed at par value (1:1) through regulated financial institutions.
- What is Ubyx's role on Tempo?
- It is listed among Tempo's ecosystem infrastructure partners, functioning as a clearing and acceptance layer for tokenized-money payment flows rather than a token, wallet, or issuer.
- How does the collection model work?
- Receiving institutions submit tokenized money for par-value collection — similar to check clearing — instead of selling it on an exchange order book at fluctuating prices.
- Who founded Ubyx and when?
- It was founded in March 2025 by Tony McLaughlin, who serves as CEO.