Tether Becomes Major Stakeholder in BlackRock Neurotech With $200M Investment

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Stablecoin issuing company Tether has invested $200 million into Brain-Computer-Interface technology platform Blackrock Neurotech, becoming a majority stakeholder in the firm.Tether’s investment in Blackrock Neurotech will fund the launch and commercialization of the company’s medical solutions, which have been successfully tested on more than 40 individuals.

Tether has long believed in nurturing emerging technologies that have transformative capabilities, and the Brain-Computer-Interfaces of Blackrock Neurotech have the potential to open new realms of communication, rehabilitation, and cognitive enhancement.”Blackrock Neurotech was founded in 2008 by University of Utah scientists and BCI pioneers Florian Solzbacher and Marcus Gerhardt.

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Stablecoin firm Tether invests $200M in neurotech companyTether has invested $200 million in the neuroscience research firm Blackrock Neurotech, becoming the majority stakeholder.
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