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Home CRYPTO

Tether Invests $200 Million in Neurotech, Unveils Visionary Evo Division

Michael Juanico by Michael Juanico
April 29, 2024
in CRYPTO, INVESTING
Reading Time: 3 mins read
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  • 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.

NEW: Tether $USDT announced a $200 million investment in Blackrock Neurotech to pioneer advancements in Brain-Computer-Interface tech
pic.twitter.com/qTXPHbwJlC

— BlockNews.com (@blocknewsdotcom) April 29, 2024

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.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Blackrock NeurotechBrain-Computer InterfacePaolo ArdoinotetherTether Evo
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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