FILE PHOTO: Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
The deal, which closed on Friday after several months of due diligence, values Blackrock Neurotech at around $350 million, making Tether its largest shareholder, Tether CEO Paolo Ardoino told Reuters. In recent years, various device companies, including Elon Musk's Neuralink, have begun testing brain implants in humans.
Tether has made approximately $1.7 billion in venture capital investments to date, using funding from its profits, while leaving the reserves untouched, Ardoino said.
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Bitcoin Halving: What It Is and Its Potential Impact on the Crypto MarketThe halving of popular cryptocurrency Bitcoin is expected in April and has lifted the crypto market. This article explores what halving is and its potential impact on the digital asset space.
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