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.