Stablecoin issuer Tether and its investment arm Tether Investments have announced their intent to allocate more than $1 billion to a variety of investment opportunities over the next 12 months.
According to a Bloomberg report, CEO Paolo Ardoino said: USDT stablecoinIn a recent interview, he shared insights on the company’s next investment strategy and areas of focus.
Tether’s expansion plans
According to reportThe company is particularly interested in alternative financial infrastructure for emerging markets, artificial intelligence (AI), and biotechnology, and has invested approximately $2 billion in these areas.
Tether has invested most of its reserves backing USDT in US Treasury bonds and other securities. This strategy has generated significant returns even in the current high interest rate environment.
Tether is committed to maintaining 100% of its reserves and an additional 6% in revenue. Repayment For USDT, the company plans to allocate a portion of its remaining profits to investment opportunities.
In the interview, Ardoino emphasized that the company is focused on expanding its distribution network and investing in infrastructure within emerging markets. The company has already allocated more than $1 billion to AI initiatives, including support for data center operator Northern Data Group.
Ardoino said Tether’s investment objective is to leverage technologies that promote disintermediation. traditional financeReduce dependence on major technology companies such as Google, Amazon, and Microsoft.
The company’s CEO also emphasized that Tether’s profitability has attracted many potential investment opportunities globally, with the company receiving “dozens or hundreds” of offers every month. However, Tether selectively selects only a small number of these opportunities.
Taking on the challenge of biotechnology amid industrial recession
Tether’s recent efforts to diversify beyond stablecoins, which are facing regulatory challenges globally, have positioned the company as a significant dealmaker. As a Bitcoinist reported Last April, Tether was reorganized into four divisions focused on finance, data, Bitcoin mining and energy, and education.
Additionally, the stablecoin issuer plans to launch a platform later this year that will allow companies to issue bonds and shares in the form of digital tokens, while also providing central banks with the ability to offer central bank digital currencies (CBDCs). .
Ardoino explained that Tether’s investment approach is different from traditional investment methods. venture capitalist The point is that we’re not just looking for companies that are expected to hit their profitability goals within the next year or two. Instead, Tether invests in projects that are “highly attractive” and aligned with its strategic vision.
In addition to its interest in AI and emerging markets, the company is reportedly also venturing into the biotechnology space. In particular, we sponsored Blackrock Neurotech, a company specializing in brain-computer interface technology. Ardoino signaled Tether’s willingness to invest in biotechnology at a time when other players were scaling back their involvement in the field.
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