Tether To Buy a 30% Stake in Italian Media Company Be Water
This article is for subscribers only.
Tether Holdings SA will acquire a 30% stake in Italian media company Be Water, as the cryptocurrency firm ramps up dealmaking.
Tether, which issues the largest stablecoin, is investing about €10 million ($10.8 million) in Be Water, the companies said in a statement on Thursday, confirming details of the transaction previously reported by Bloomberg.