Tether's investment arm plans to invest over $1 billion in the next 12 months

Paolo Ardoino, CEO of Tether Holdings Ltd., revealed that its investment department expects to invest over $1 billion in trading in the next 12 months. Ardoino stated in an interview that Tether Investments has a growing team of 15 employees who evaluate hundreds of projects each month, many of which come directly from startups. He said the company focuses on alternative financial infrastructure, artificial intelligence, and biotechnology in emerging markets. Over the past two years, the company has invested around $2 billion in these areas. Ardoino said that although Tether plans to continue to maintain 100% reserves and extract an additional 6% buffer from profits to ensure smooth redemption of USDT, Tether expects to invest some of its remaining profits in trading. To help expand its distribution network, the company is investing in infrastructure in emerging markets. The company has also invested over $1 billion in the field of artificial intelligence, such as supporting data center operator Northern Data Group.