Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Andrés Engler is a CoinDesk editor based in Argentina, where he covers the Latin American crypto ecosystem. He holds BTC.

Tether acquired a nearly 10% stake for $100 million in NYSE-listed agricultural conglomerate Adecoagro SA, a regulatory filing shows.

Tether is also working on a tokenization platform expected to launch later this year, Tether CEO Paolo Ardoino said earlier. The stablecoin giant invested $100 million to acquire a 9.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines