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Tether invests $2 million in Arcanum Capital’s Web3 fund
#Tether $USDT has made its first venture capital investment in the crypto space, committing $2 million to #ArcanumCapital 's #ArcanumEmergingTechnologies Fund II. This tokenized fund focuses on decentralized #Web3 projects, particularly those enhancing blockchain technologies in areas like remittances, cross-border payments, privacy, and banking services for the unbanked.
#Tether $USDT has made its first venture capital investment in the crypto space, committing $2 million to #ArcanumCapital 's #ArcanumEmergingTechnologies Fund II. This tokenized fund focuses on decentralized #Web3 projects, particularly those enhancing blockchain technologies in areas like remittances, cross-border payments, privacy, and banking services for the unbanked.
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Tether Intensifies Diversification Investments: From Blockchain to Energy and AI
Tether Invests 2 Million USD in Arcanum Capital
Entering 2024, #Tether - a giant in the stablecoin sector - has shown a strong diversification strategy with a 2 million USD investment in Arcanum Capital. This investment is made through the Arcanum Emerging Technologies Fund II, focusing on supporting Web3 projects.
The main goal of the fund is to promote the application of #blockchain technology in areas such as:
Cross-border payments. Money transfers and privacy protection. Providing banking services for groups that have not accessed the traditional financial system.
Entering 2024, #Tether - a giant in the stablecoin sector - has shown a strong diversification strategy with a 2 million USD investment in Arcanum Capital. This investment is made through the Arcanum Emerging Technologies Fund II, focusing on supporting Web3 projects.
The main goal of the fund is to promote the application of #blockchain technology in areas such as:
Cross-border payments. Money transfers and privacy protection. Providing banking services for groups that have not accessed the traditional financial system.