Tether CEO Reveals Extensive Investment Portfolio Backed by $137 Billion Profits, Excluding USDT Reserves
Main Idea
Tether's CEO Paolo Ardoino disclosed a portion of the company's investment portfolio, which includes over 120 firms and is backed by $137 billion in profits, separate from USDT reserves.
Key Points
1. Tether has invested in over 120 companies, including Juventus, Bitdeer, Crystal Intelligence, Rumble, and Shiga Digital.
2. The investment portfolio is backed by $137 billion in profits as of 2024.
3. These investments are separate from the reserves backing USDT or other stablecoins.
4. Tether focuses on innovative technologies and sustainable investments.
Description
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