Tether Plans to Diversify Its Portfolio in Robotics and Commodities

• Tether has continued to diversify its investment portfolio as more institutions venture into the stablecoin market.
• Paolo Ardoino confirmed that Tether is seeking to dramatically expand into commodities lending.
• The stablecoin issuer is reportedly in advanced talks to lead a €1B funding round for Neura.

Tether Holdings SA is eyeing to expand its investments beyond the web3 space. Paolo Ardoino, the CEO of Tether, confirmed that the company is seeking to ramp up investments in commodities including oil, and robotics.

Tether Diversifies Its Portfolio Away from Web3 

After extending its financing of about $1.5 billion to the commodities traders, Tether is now seeking to expand its investment. The highly profitable and successful Stablecoin issuer is seeking to diversify its investment to reduce revenue reliance on digital assets. 

According to Ardoino, the El…

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