- Tether invests $200 million in brain-computer interface (BCI) technology company Blackrock Neurotech, aiming to revolutionize neurological health and human potential
- Tether unveils a new venture division called Tether Evo, with the Blackrock Neurotech investment being the first major initiative under this division
- The investment aligns with Tether’s goal of improving people’s lives through technology, with Blackrock Neurotech’s implants enabling remarkable capabilities like thought-to-text conversion and control of robotic limbs
Tether announced a strategic investment of $200 million into Blackrock Neurotech, a pioneer in Brain-Computer Interface (BCI) systems. This marks the launch of Tether’s new venture division, Tether Evo, which CEO Paolo Ardoino describes as the “ultimate pillar” of the company’s vision and long-term strategy.
Tether’s Evolution and Expansion
Ardoino emphasized Tether’s commitment to investing in technologies that improve people’s lives, stating “We believe in the importance of giving back, investing in technologies that improve the lives of people.” Tether aims to support peer-to-peer technologies and AI infrastructure through partnerships with companies like Holepunch, Keet, Pears, and Northern Data.
Tether Evo represents a natural evolution for the company. With a focus on human potential, Tether Evo will complement Tether’s existing divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu.
The Promise of Brain-Computer Interface Technology
The $200 million investment in Blackrock Neurotech aligns with Tether Evo’s mission to help those afflicted with neurological disorders and lost function. Blackrock’s implants have shown remarkable capabilities, including:
- Thoughts to text at 90 characters per minute
- Thoughts to speech at 62 words per minute
- Direct interaction with computers
- Control of robotic limbs
- Restoration of sensation
- Enhanced brain-to-device communication
In 2016, Blackrock’s technology allowed a paralyzed patient to control a robotic arm and fist bump President Barack Obama. The technology has also enabled patients to operate wheelchairs, send messages, surf the web, and drive a car using the power of thought alone.
Tether’s Long-Term Vision
This investment comes amid Tether’s expansion into sectors like peer-to-peer communications, Bitcoin mining, education, and artificial intelligence. With the launch of Tether Evo, the company is taking a long-term approach to pushing the boundaries of human potential.
As Ardoino says, “Step by step. We are unstoppable together.” Tether’s investment in Blackrock Neurotech and its broader vision with Tether Evo demonstrate its commitment to shaping the future of technology, finance, and human progress.
The crypto community will be watching closely as Tether evolves and expands its reach. Tether’s biotech initiatives, in particular, have the potential to revolutionize not just finance and technology, but human life itself.
