Crypto Giant Tether Invests $200M in Brain-Computer Interface Startup
Tether, a leading digital asset company, has invested $200 million in Blackrock Neurotech, a firm specializing in BCI technology.
Blackrock Neurotech has pioneered BCI solutions that allow individuals with paralysis, neurological disorders, and lost functions to control devices using their thoughts.
Through its venture division, Tether Evo, Tether is now a majority stakeholder in Blackrock Neurotech, demonstrating its commitment to tech innovation that merges with human capabilities.
Tether's CEO, Paolo Ardoino, emphasizes that the partnership will leverage transformative technologies to enhance the human experience.
The investment will help commercialize and expand Blackrock Neurotech’s medical solutions by bridging the gap between the brain and artificial intelligence.
Tim Sievers, Co-Chairman of Blackrock Neurotech, believes this partnership will lead to innovative patient solutions and advancements that benefit society at large.
This partnership reflects a broader strategic move by Tether Evo, signaling Tether’s expansion beyond stablecoin offerings to prioritize innovation and human enhancement through divisions like Tether Power, Edu, and Data.