Tether is investing more than $1 billion in deals over the next year
The investment arm of cryptocurrency company Tether Holdings expects to pump more than $1 billion into deals over the next 12 months, according to CEO Paolo Ardoino. Tether Investments has an ever-growing team of 15 people who evaluate up to hundreds of proposals each month, most of which come directly from startups, Arduino said in an interview.
More from Crypto Crypto Bitcoin price falls to its lowest level in a month amid a broad selling wave The currency traded at $65,300 and greater losses for “Ethereum” Follow the latest news on WhatsApp 08:07 AM June 18, 2024Occurred at 09:11 AM June 18, 2024
Source: Bloomberg Share this article $BTC #bitcoin #solana #USDT $ETH $BNB The price of Bitcoin fell to its lowest level in a month due to the exit of investments from digital asset products and the possibility of higher US borrowing costs for a longer period, which weakened the cryptocurrency market.
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