Tether, the issuer of the largest stablecoin by market cap, is diversifying its investment portfolio beyond cryptocurrency into sectors like payment processing, video streaming, artificial intelligence, and football. CEO Paolo Ardoino disclosed that Tether has invested in over 120 companies, with only 24 publicly listed on its Tether Ventures page. Notable investments include Rumble, Northern Data, and Bitdeer, alongside ventures in real-world asset tokenization and infrastructure projects. Despite some controversies, such as its investment in the now-defunct Celsius, Tether aims to broaden its influence and financial returns across various industries.
Tether Expands Investment Portfolio Beyond Crypto
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