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Tether discloses part of its investment portfolio: has invested in over 120 companies, focusing on Bitcoin, payments, and other fields.
According to BlockBeats, on July 23, Tether's CEO Paolo Ardoino stated that Tether has announced part of its investment/venture capital portfolio today. Overall, Tether has invested in over 120 companies, and this number is expected to rise significantly in the coming months and years. The companies invested in include Juventus, Bitdeer, Crystal Intelligence, Rumble, Shiga Digital, and others. These investments come from Tether's own profits (which are expected to be $13.7 billion in 2024) and do not involve the reserve assets of USDT (and other stablecoins), falling under the Tether investment department. Key areas of focus include payment infrastructure, renewable energy, Bitcoin, agriculture, artificial intelligence, and tokenization.