Tether, the company behind the popular USDT stablecoin, just announced a massive investment portfolio boasting over 120 companies.
A Diverse Portfolio
Tether CEO Paolo Ardoino shared the news on X (formerly Twitter), stating that the investments, made using Tether’s own profits (a reported $13.7 billion in 2024), are completely separate from its USDT reserves. The portfolio includes firms in various sectors, including:
- Crypto and Fintech: Several companies focused on blockchain technology, stablecoins, and Bitcoin. This includes Twenty One, a Bitcoin treasury company, and Crystal Intelligence, a blockchain intelligence firm.
- Social Media: Rumble, a video-sharing platform, is among the notable investments.
- Other Sectors: The portfolio also spans renewable energy, agriculture, artificial intelligence, and even sports, with an investment in the famous European soccer club Juventus. A medical equipment company specializing in brain-computer interfaces, Blackrock Neurotech, is also included.
Tether’s Investment Philosophy
Tether Ventures aims to support companies promoting decentralization and individual sovereignty. They’re focusing on projects that reduce reliance on centralized systems, enhance privacy, and empower individuals worldwide. Ardoino expects the portfolio to grow significantly in the coming years.
Disclaimer:
This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing./p>