Tether, the top stablecoin issuing company (USDT), has revealed its portfolio of investment companies. The list includes more than 100 different companies from multiple industries.
Tether’s chief executive Paolo Ardoino said in a thread posted on social media platform X that the investments had been made from the profits of the company and that he expected the portfolio to increase.
Today Tether published (a part) of its portfolio. Tether has invested in over 120 companies. This number will continue to increase in the coming months.
“These investments were made using Tether’s profits (which will be $13.7 billion by 2024), and outside USDT reserves. They are a part of Tether Investments.”
Tether’s investments include Rumble video-sharing platform, Blackrock Neurotech (a medical device company), Crystal Intelligence (a blockchain intelligence firm), Twenty One Bitcoin (BTC), various stablecoin related businesses and Juventus, the most successful and popular soccer club in Europe.
Tether Ventures aims to support firms which promote decentralization, individual sovereignty and freedom of choice.
Our focus includes critical sectors such as payment infrastructure, renewable energies, Bitcoin, agricultural, artificial intelligence and tokenization. Capital is more than just money; it’s a catalyst of change.
Through strategic investments and partnerships, we are actively shaping a more resilient and equitable world.” We are shaping a world that is more equitable and resilient through strategic partnerships and investments. .”
Please follow us at X@InvCryptoDaily
Subscribe for email alerts to avoid missing a beat
.
___________________
Featured Image: Shutterstock/prodigital art/Natalia Siiatovskaia
The post Tether Reveals Massive Investment portfolio of over 120 companies in Crypto, Fintech and Social Media and More could be updated as new information becomes available.
This site is for entertainment only. Click here to read more
