Cryptocurrency firm Tether has announced a significant investment in Rumble, a video streaming platform that positions itself as an anti-censorship alternative to mainstream platforms like YouTube. The $775 million deal, which involves both cash and stock purchases, is expected to close in early 2025.
This strategic partnership aims to leverage Tether’s expertise in digital payments and advertising while strengthening Rumble’s position in the market. In a joint statement, Tether CEO Paolo Ardoino and Rumble founder and CEO Chris Pavlovski expressed their shared commitment to promoting free expression and decentralized technologies.
This investment comes amidst growing interest in Bitcoin and other cryptocurrencies among traditional financial institutions and corporations.
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