First Investment in Cryptocurrency Fund
According to Cointelegraph, stablecoin issuer Tether recently announced the completion of its first "cryptocurrency venture capital fund" investment, injecting $2 million into Arcanum Capital's Arcanum Emerging Technologies Fund II. This fund is a tokenized investment vehicle focused on decentralized Web3 projects, aiming to promote the application of blockchain technology in remittances, cross-border payments, privacy protection, and among unbanked populations.
Tether CEO Paolo Ardoino stated that anti-censorship and promoting open communication are the core goals of Tether's investment in this fund.
"A major concern today is the evolving relationship between the financial system and individual freedoms, especially in the context of increasingly strengthened open communication restrictions. Geopolitical conflicts have exposed the vulnerabilities of centralized infrastructure."
This investment by Tether is part of its diversification strategy, demonstrating the company's determination to expand into different fields.
Tether's Diversification Strategy
In 2024, Tether has been active in its diversification strategy, actively promoting the application of various physical assets and emerging technologies. In October 2024, Tether proposed to the Turkish government to issue tokens backed by boron. Boron has wide applications in clean products, glass manufacturing, and fertilizer production. According to data from the Turkish state-owned company Eti Maden Isletmeleri Genel Mudurlugu, Turkey controls about 70% of the global boron ore supply.
In October of the same year, Tether also completed its first energy financing transaction, totaling $45 million, transporting 670,000 barrels of Middle Eastern crude oil. This transaction was funded by Tether's stablecoin USDt, marking a practical application of cryptocurrency in the real economy.
In addition, Tether has launched the Hadron tokenization platform, allowing businesses, asset management companies, and governments to tokenize physical assets (such as government securities and stocks). Recently, it also announced a $775 million investment in Rumble, focused on "freedom of speech."
Paolo Ardoino emphasized:
"Diversification has become a core strategy for Tether, and we will continue to deepen this direction in 2025, seeking more innovative opportunities."
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