Tether, the entity behind the USDT stablecoin, has announced a $200 million strategic investment to acquire a majority stake in the brain-computer interface company Blackrock Neurotech.
The investment was made via Tether’s venture capital division, Tether Evo, which aims to bridge the gap between humans and technology.
Tether Secures Majority Stake In Blackrock Neurotech
Tether announced the news on the 29th of April, stating that it was now the majority stakeholder in Blackrock Neurotech, following a $200 million investment into the company, made through its venture division, Tether Evo. According to Tether, Tether Evo, like its other divisions, aims to expand the company’s focus beyond stablecoins. According to the company, its new division stands at the intersection of innovation and human potential. With the investment, Blackrock Neurotech aims to commercialize its innovative medical solutions, which, according to the company, have already been applied to ove
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