Revolutionizing the world of finance, Tether Evo, the venture division of stablecoin giant Tether, has made a bold move by investing a whopping $200 million in Blackrock Neurotech. This strategic partnership is set to shake up the industry, as Tether dives into the cutting-edge realm of neurotechnology.
Tether solidifies its dominance in the biotech world with a major investment in the groundbreaking brain-computer interface (BCI) technology of Blackrock Neurotech.
This strategic move not only cements Tether as the majority stakeholder in the company but also fuels Blackrock Neurotech’s mission to bring its cutting-edge medical tools to the market and push the boundaries of research and development. This game-changing investment comes on the heels of Tether’s record-breaking net profit of $2.9 billion in the fourth quarter of 2023.
“Blackrock Neurotech is just the beginning of our journey through Tether Evo to venture into projects that redefine the boundaries of what’s possible at the intersection of technological innovation and human potential,” Ardoino said, adding that Blackrock’s technology aims to enhance communication, rehabilitation, and cognitive functions.
Blackrock Neurotech, a groundbreaking company revolutionizing the way we interact with technology. Since its inception in 2008, Blackrock Neurotech has been paving the way for brain-computer interface technology, giving hope to those with paralysis and neurological disorders.
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In a remarkable moment in 2016, Nathan Copeland used this groundbreaking technology to communicate with none other than former U.S. President Barack Obama. But the innovation doesn’t stop there – with the recent partnership between Blackrock Neurotech and Tether, led by visionary co-founder Dr. Florian Solzbacher, the possibilities for advancing healthcare technologies are endless
Tether’s bold move to invest through its Tether Evo division marks a major step in its evolution beyond stablecoins. This dynamic company is breaking barriers by launching new divisions, including Tether Data, Tether Finance, Tether Power, and Tether Education, all aimed at harnessing cutting-edge technology and unleashing human potential.