Tether, the issuer of the USDT stablecoin, plans to invest over $1 billion in deals over the next 12 months. This investment will focus on financial infrastructure, artificial intelligence, and biotechnology.
The investment division, Tether Investments, evaluates up to 100 proposals monthly, many from startups. Over the past two years, Tether has invested around $2 billion in these sectors.
Tether will maintain 100% of its reserves while investing profits strategically. By the end of 2024, it aims to launch a platform for digital token-based bonds and stocks.
This strategy underscores Tether’s commitment to innovation in financial technology, enhancing market accessibility and liquidity. Tether’s proactive investments and strong financial reserves aim to drive significant growth and innovation within the crypto space.
