Tether's investment department plans to invest over one billion US dollars in the next 12 months

According to Bloomberg, 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. In an interview, Ardoino said that Tether Investments has a growing team with currently 15 employees who evaluate hundreds of projects each month, most of which come directly from startups. He stated that the company focuses on alternative financial infrastructure in emerging markets, artificial intelligence and biotechnology - over the past two years, it has invested about $2 billion in these areas.

Ardoino said that while Tether plans to continue holding 100% reserves and extract an additional 6% buffer from profits to ensure smooth redemption of USDT, it expects to invest part of the remaining profits into trading. To help expand its distribution network, the company is investing in infrastructure in emerging markets. The company has also invested more than $1 billion in artificial intelligence fields such as supporting data center operator Northern Data Group.