Tether, the issuer of the stablecoin USDT, has announced plans to invest over $1 billion in various deals over the next year. According to CEO Paolo Ardoino, the investment will be channeled through Tether's venture capital arm and will focus on financial infrastructure, artificial intelligence, and biotechnology sectors, particularly in emerging markets. This move follows Tether's expenditure of approximately $2 billion over the past two years. The company will allocate funds among startups from hundreds of venture proposals. Additionally, Tether is set to unveil a new class of digital assets products on June 17th, as part of its broader investment strategy.
ICYMI: Tether to reveal new product line as part of $1 billion investment strategy Read the full article 👇 https://t.co/Dmkmt2RY4X https://t.co/yi2mS1CoG2
.@Tether_to to reveal new product line as part of $1 billion investment strategy https://t.co/FxhH5KhHZF
Is this the new assets that Tether is introducing? https://t.co/otTiGpwb25
Huge. 17 June new @Tether_to products. What will they be? 👀 https://t.co/wwUv4MiIeq
Tether teases new assets as old ones are forgotten https://t.co/wObQINWOUw
.@Tether_to will unveil its new class of digital assets products on Monday 17th June https://t.co/oUmU7nkljH https://t.co/BqAER20Yxv
Tether is planning some big moves! https://t.co/kRB5DaIsgX
After a year of hard work, Tether will unveil its new class of digital assets products on Monday 17th June 🍵
UPDATE: @Tether_to to invest over $1 billion in various projects in the next year. Don’t miss out on the crucial details…↓ #Tether (By: @ComposableD) https://t.co/jPnXQHLcGG
.@Tether_to's investment arm expects to make deals worth $1 billion in the next year, CEO Paolo Ardoino has said, according to a report on Tuesday. https://t.co/88Zfqz05Uh
Tether to Allocate Over $1 Billion for Investments in the Next 12 Months USDT issuer, @Tether_to, will allocate over $1 billion for distribution among startups from "hundreds of venture proposals." According to a top manager, the firm is focused on alternative financial… https://t.co/mwz1TPwM8X
Tether announces plans to invest over $1bn annually into emerging markets like AI and biotech https://t.co/I2EO20XctQ
Tether expected to invest more than $1B via it's venture arm over the next 12 months, according to Bloomberg. Focus: EM financial infrastructure, AI, & Biotech. 2024 deals below: https://t.co/lAJ93NKVsv
Tether's investment arm says it aims to invest $1B+ in financial infrastructure, AI, and biotech over the next year, after spending ~$2B over the past two years (@olgakharif / Bloomberg) https://t.co/od9EwvdYpt 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/b0KYanBuCy
JUST IN: $USDT ISSUER @TETHER_TO TO INVEST AT LEAST $1 BILLION THROUGH ITS VC ARM IN FIRST YEAR
[COINDESK] #Tether Expects to Invest Over $1B in Deals in the Next Year: Bloomberg $USDt
.@Tether_to's investment arm expects to make deals worth $1 billion in the next year, CEO Paolo Ardoino has said, according to a report on Tuesday. By @JamieCrawleyCD https://t.co/pBOcBCoiLT
Tether to Invest More Than $1 Billion in Deals Over Next Year - BBG https://t.co/XyZE2uFykY
Tether to Invest More Than $1 Billion in Deals Over Next Year https://t.co/rcUosdyUI3