Stablecoin giant Tether (USDT-USD) is taking its diversification game up a notch with a $2 million investment into Arcanum Capital’s Emerging Technologies Fund II. This tokenized venture capital fund specializes in decentralized Web3 projects by supporting innovations in cross-border payments, privacy, and banking for underserved communities. Managing partner James McDowall told Cointelegraph the fund backs technologies that prevent censorship and enhance financial freedom.
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Censorship Resistance Remains a Priority for Tether
Tether CEO Paolo Ardoino emphasized that censorship resistance remains a priority for the company. In his words, “Geopolitical conflicts have exposed the vulnerabilities of centralized infrastructure.” By supporting decentralized projects like Arcanum, Tether signals a strong commitment to fostering open communication through blockchain innovation, according to Cointelegraph.
This Is Not Tether’s First Bold Investment
This isn’t Tether’s first bold investment. Earlier this year, the company financed a $45 million crude oil transaction and explored tokenizing boron—a mineral critical to Turkish exports. Tether also made headlines with a whopping $775 million investment in video-sharing platform Rumble, known for its free-speech ethos.
With diversification at the core of its strategy, Tether isn’t just supporting crypto; it’s rewriting the playbook for blockchain integration into real-world assets. As Ardoino put it, “Diversification has become a key focus.”
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