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Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech

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Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #newsLONDON - Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.

The $200 million from Tether will primarily fund the commercialization and roll-out of Blackrock Neurotech’s technology, which has been used with more than 40 individuals, Tether's statement said. Tether issues a dollar-pegged cryptocurrency which has grown rapidly in recent years, hitting $100 billion in circulation in March. It says that the tokens are backed up by dollar-denominated reserves.

 

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Stablecoin Issuer Tether Invests $200 Million in Brain-Computer Interface CompanyTether Holdings Ltd., the issuer of the biggest stablecoin, said it invested $200 million in Blackrock Neurotech, a maker of brain-computer interface technology.
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