News

On July 23, it was reported that Tether CEO Paolo Ardoino announced that Tether has disclosed part of its investment/venture capital portfolio today. Overall, Tether has invested in more than 120 companies, and this number is expected to grow significantly in the coming months and years. The invested companies include Juventus, Bitdeer, Crystal Intelligence, Rumble, Shiga Digital, among others. All these investments are made from Tether’s own profits (which amounted to $13.7 billion in 2024) and do not involve the reserve assets of USDT (or other stablecoins), falling under the scope of Tether’s investment division. The company is focusing on key areas such as payment infrastructure, renewable energy, Bitcoin, agriculture, artificial intelligence, and tokenization.

According to Jinse Finance, crypto asset management firm CoinShares has been granted a MiCA license by the French Financial Markets Authority (AMF), making it the first European asset management company authorized to offer crypto portfolio management services across the European Union. This license, combined with its existing MiFID and AIFM qualifications, makes CoinShares the only major European crypto asset manager to simultaneously hold all three major compliance licenses. CoinShares stated that this move will help expand its business across all 27 EU countries and facilitate the transition of the traditional asset management industry toward crypto products.