Tether Discloses At Least $1.6 Billion in Recent Investments

Tether said it committed more than $1.6 billion across several investments in recent months, including funding for Rumble, Elemental Royalty, Juventus, Gold dot com, and Anchorage Digital.

USDT

Summary

Tether disclosed that it made more than $1.6 billion in investments over recent months. The disclosed allocations include $785 million for Rumble, $250 million for Elemental Royalty, $150 million each for Juventus and Gold dot com, and $100 million for Anchorage Digital. The update outlines the scale and recipients of Tether’s recent investment activity.

Terms & Concepts
  • Anchorage Digital: A digital asset platform that provides crypto custody and other institutional services for digital assets.
  • Crypto custody: The secure holding and management of digital assets and their private keys for institutions or investors.