Tether’s brand new division, Tether Evo, has completed a $200 million strategic investment in the neural implant firm.
Tether — the operator of the eponymous Tether (USDT) stablecoin, the world’s largest stablecoin by market value — has completed a major investment following restructuring of its business.
On April 29, Tether announced a strategic investment of $200 million into Blackrock Neurotech, becoming the majority stakeholder in the neural implant company. The investment was carried out through Tether Evo, a brand-new division at Tether focused on the intersection of human potential and technology.
Established in 2008, Blackrock Neurotech is a global pioneer of human brain-computer-interface (BCI) technology, known for its advanced brain-computer interfaces.