Close Menu
Cryprovideos
    What's Hot

    Cardano Drifts Sideways as Market Heats Up – BlockNews

    June 4, 2025

    Crypto Enters a Make-or-Break Period, Says Business Insider – CryptoDnes EN

    June 4, 2025

    XRP Worth Prediction: Pissed off Holders Await Key Milestones for a Bullish Rally

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Tether Pours Capital Into Media, Agriculture Firms Amid Funding Spree – Decrypt
    Tether Pours Capital Into Media, Agriculture Firms Amid Funding Spree – Decrypt
    Altcoins

    Tether Pours Capital Into Media, Agriculture Firms Amid Funding Spree – Decrypt

    By Crypto EditorMarch 28, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Tether Pours Capital Into Media, Agriculture Firms Amid Funding Spree – Decrypt

    Tether revealed Thursday it’s investing in a pair of corporations unrelated to the crypto trade, persevering with an funding spree that has solely intensified for the reason that firm reported report income earlier this yr. 

    The El Salvador-based firm snapped up 49,596,510 shares of Latin American-focused agricultural agency Adecoagro, rising its stake within the enterprise to 70%, in response to an SEC submitting revealed Thursday. 

    “Our funding aligns with Tether’s broader technique to again infrastructure, expertise, and companies that advance financial freedom and resilience, particularly in areas the place these values are most wanted,” Tether CEO Paolo Ardoino mentioned in a press release. 

    Adecoagro is a sustainable manufacturing firm with pursuits in Argentina, Brazil and Argentina.

    Individually, Ardoino introduced on X that his firm would even be investing in Italian media firm Be Water. By the tip of March, Tether will maintain a 30.4% stake within the firm by way of a €10 million capital enhance and fairness acquisition. 

    “Whereas usually Media firms are bullied into kneeling to sponsored narratives merely to outlive, Tether’s funding in BeWater ensures that the group will proceed to stay stable, visionary and particularly impartial,” Paolo wrote within the X submit. 

    The non-public firm’s newest investments come a couple of months after it reported record-smashing income for 2024. Tether mentioned in January that its yearly web income hit a brand new all-time excessive of greater than $13 billion final yr, citing an assurance opinion for the fourth quarter of 2024 issued by international accounting agency BDO. The stablecoin issuer additionally reported $7 billion in extra capital.

    Tether has used its funds over the previous few months to extend its stake within the Bitcoin mining firm Bitdeer, along with upping its management of firms such because the video platform Rumble and Italian soccer membership Juventus. 

    Final yr, it additionally invested $19 million in XREX Group, a agency that additionally has backing from the Taiwanese Authorities Nationwide Improvement Fund. USDT is the third-largest cryptocurrency, and the most important stablecoin, on this planet with a market capitalization of $144 billion, in response to CoinGecko information.

    Edited by James Rubin

    Every day Debrief Publication

    Begin every single day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Cardano Drifts Sideways as Market Heats Up – BlockNews

    June 4, 2025

    XRP Worth Prediction: Pissed off Holders Await Key Milestones for a Bullish Rally

    June 4, 2025

    Consensys CEO Speaks Out About Ethereum's Pivot

    June 4, 2025

    Ethereum and XRP steals highlight in each day positive factors after Bitcoin reclaimed $106k

    June 4, 2025
    Latest Posts

    Bitcoin 3–5 Yr Holders Gradual Selloff—Ready for Increased Costs?

    June 4, 2025

    Fundstrat’s Tom Lee Unveils Astronomical Bitcoin Worth Goal, Says BTC Witnessing ‘Big’ Provide-Demand Imbalance – The Every day Hodl

    June 4, 2025

    Ethereum and XRP steals highlight in each day positive factors after Bitcoin reclaimed $106k

    June 4, 2025

    President Trump’s Fact Social Goals For A Slice Of The Bitcoin ETF Market | Bitcoinist.com

    June 4, 2025

    'Existential Disaster': Bitcoin Quantum Computing Risk Is Quick Approaching, Consultants Say – Decrypt

    June 4, 2025

    Bitcoin Derivatives Reset: Impartial Funding And Whale Withdrawals Trace At Bullish Shift

    June 4, 2025

    US Debt Disaster Might Make Bitcoin the World's Reserve Forex: Coinbase CEO – Decrypt

    June 4, 2025

    BTC, DOGE, XRP holders earn $78,500 a day with Bow Miner. How do they do it?

    June 4, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Trade Token Defies Digital Asset Market Downtick and Soars by Practically 30% Amid New Merger Announcement – The Every day Hodl

    December 28, 2024

    Information to the crypto service provided by N26

    January 12, 2025

    Partnr Launches to Join Shopper Crypto with On-Chain AI Brokers | Reside Bitcoin Information

    February 7, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.