Tether Makes Strategic Investment of $200 Million in Blackrock Neurotech to Advance Human Potential

Tether makes $200 million strategic investment in BlackRock Neurotech to advance human potential

In an April 29 announcement, popular stablecoin issuer Tether USDT, revealed Made a $200 million strategic investment in Blackrock Neurotech, a leading neural implant company. This investment positions Tether as a major shareholder in an innovative company.

The transaction was facilitated through Tether Evo, a newly formed division focused on exploring the intersection of human potential and technology. This investment follows Tether’s recent introduction of four new business units, including Tether Data, Tether Finance, Tether Power, and Tether Edu, and marks the company’s expansion into diverse business areas.

Founded in 2008, Blackrock Neurotech has been at the forefront of developing advanced brain-computer interfaces for individuals with paralysis, loss of function, and neurological disorders. Blackrock Neurotech’s breakthrough brain interface technology allows patients to use the power of their thoughts to manipulate robotic arms, control wheelchairs, send and receive messages, and even browse the Internet. I did.

Paolo Ardoino, CEO of Tether, expressed his enthusiasm for this collaboration, saying: “Blackrock Neurotech is just the beginning of our journey through Tether Evo, taking on projects that redefine the limits of what is possible at the intersection of technological innovation and human potential. We have long believed in fostering emerging technologies with the potential to develop new technologies, and BlackRock Neurotech’s brain-computer interfaces have the potential to open new areas of communication, rehabilitation, and cognitive enhancement.”

Tether’s $200 million investment is aimed at supporting the commercialization and widespread adoption of a medical solution that has already been successfully used in more than 40 patients. The funding will also help strengthen BlackRock Neurotech’s research and development efforts, ensuring its future position as a major player in the brain-computer interface field. The long-term focus of this partnership is on pushing the limits of human evolution and what technology can achieve.

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