Stablecoin Issuer Tether Invests $200 Million in Brain-Computer Interface Company
- Funds to be used for roll-out of Blackrock Neurotech products
- Investment will also be used research and development
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Tether Holdings Ltd., the issuer of the biggest stablecoin, said it invested $200 million in Blackrock Neurotech, a maker of brain-computer interface technology.
Tether made the investment through its newly established venture capital arm Tether Evo, the company said in a statement on its website on Monday. The release didn’t say how much the deal values Salt Lake City-based Blackrock at.