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Tether to Invest $1B in Deals in 2025
According to a report by Bloomberg on Tuesday, chief executive officer of stablecoin developer Tether, Paolo Ardoino, has revealed that their investment arm plans to make deals worth $1 billion in the next year.
The company’s focus for investment will be in financial infrastructure, AI, and biotech, with around $2 billion already invested in these areas over the past two years.
Tether primarily invests its reserves in US treasury bills and other securities to generate significant profits, and a portion of these funds will now be allocated towards deals.
Ardoino emphasized the importance of investing in technology that can disintermediate traditional finance, reducing reliance on tech giants like Google, Amazon, and Microsoft.