Tether, the company behind the USDT stablecoin, has invested $200M in Blackrock Neurotech. This move, carried out via its venture arm Tether Evo, acquires a majority investment in the top brain-computer interface (BCI) pioneer.
Dr. Florian Solzbacher and Marcus Gerhardt founded Blackrock Neurotech, located in Salt Lake City. They currently are at the forefront of neuroscience. They want to empower people with paralysis or neurological problems using cutting-edge BCI technology.
Imagine controlling things, typing, or even driving simply by thinking. Blackrock made it happen, transforming science fiction into reality.
This strategic investment accelerates the commercialization and development of Blackrock's transformative medical technology. It's more than just business for Tether — it's a move into a world where technology improves our human experience.
Paolo Ardoino, Tether CEO, envisions a future in which communication, rehabilitation, and cognitive development will reach new heights owing to this partnership. Blackrock Neurotech is not related to fund giants BlackRock.
