Tether Invests $200 Million in Brain-Computer Interface Leader Blackrock Neurotech

Tether, the issuer of the USDT stablecoin, has acquired a majority stake in Blackrock Neurotech, a brain-computer-interface (BCI) company. Tether's $200 million investment will support the commercialization and research of Blackrock Neurotech's technology, which has enabled physically impaired individuals to perform tasks like driving and typing using brain signals.

Tether Makes Multi-Million Dollar Investment in Brain-Computer-Interface Technology

In a groundbreaking move, Tether, the issuer of the world's largest dollar-pegged stablecoin, has announced a $200 million investment in Blackrock Neurotech, a company pioneering the development of brain-computer interfaces (BCIs). This investment solidifies Tether's position as the majority stakeholder in Blackrock Neurotech.

BCI technology, a revolutionary field at the forefront of human-computer interaction, empowers individuals with physical impairments to control devices and perform various tasks using their thoughts alone. Blackrock Neurotech's BCI systems have already demonstrated remarkable success, enabling individuals to drive, type, and navigate the internet, all through brain activity.

Tether's substantial investment will play a pivotal role in accelerating the commercialization of Blackrock Neurotech's BCI technology. Moreover, it will fuel the company's ongoing research and development efforts, paving the way for further advancements in this transformative technology.

"Blackrock Neurotech represents the inaugural chapter in Tether Evo's journey," said Paolo Ardoino, Tether's CEO, emphasizing the company's commitment to supporting groundbreaking technologies that push the boundaries of human potential. "We envision a future where technology seamlessly integrates with our cognitive abilities, enhancing and complementing our human experience."

Tether's investment in Blackrock Neurotech underscores the company's unwavering belief in the transformative power of BCI technology. This investment signifies Tether's determination to be at the forefront of innovation, investing in technologies that have the capacity to revolutionize human communication, rehabilitation, and cognitive enhancement.

"Blackrock Neurotech represents a quantum leap towards a future where technology not only complements but elevates our human experience," Ardoino added. "We at Tether are honored to embark on this extraordinary journey with Blackrock Neurotech, pioneering a new era where human potential is unlocked through the boundless possibilities of BCI technology."

The investment was made through Tether Evo, a recently established division of Tether dedicated to investing in emerging technologies. Tether Evo's mandate is to identify and support innovative projects that have the potential to reshape the technological landscape and empower human progress.

"Tether's investment in Blackrock Neurotech is a testament to their forward-thinking approach and their unwavering commitment to investing in cutting-edge technologies," said Marcus Gerhardt, CEO of Blackrock Neurotech. "This investment will provide a significant boost to our efforts to bring BCI technology to the forefront of human-computer interaction, unlocking new possibilities for individuals with physical impairments and revolutionizing the way we communicate and interact with the world around us."

As the world continues to embrace emerging technologies, Tether's investment in Blackrock Neurotech signals a transformative shift towards a future where human potential is amplified through the power of BCI technology. With Tether's unwavering support, Blackrock Neurotech is poised to accelerate the development and adoption of BCI systems, empowering individuals to unlock their full potential and redefining the boundaries of human-computer interaction.