Bitcoin.com News
Bitcoin.com News|Mar 31, 2025 07:32
🌱 Tether is making big moves in Latam! The stablecoin giant is set to acquire up to 51% of Adecoagro, a leading agricultural company producing over 2.8 million tons of products, in a cash deal exceeding 600 million! This acquisition is part of Tether Investments' strategy to diversify and expand its operations across various markets, backed by a fund of nearly 3 billion. Mariano Bosch, CEO of Adecoagro, noted the synergy between their focus on food production and renewable energy and Tether's innovative approach. Paolo Ardoino, CEO of Tether, emphasized that this investment aligns with their mission to support infrastructure and technology in emerging markets, promoting economic freedom and resilience. Tether is also eyeing further investments in agriculture, including a stake in Bioceres, an Argentine biotech firm. What do you think about Tether's expansion strategy? Let us know! 💬
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