Tether, the company behind the world’s largest stablecoin USDT, is exploring a new multi-billion-dollar move into robotics
According to a report from the Financial Times, the firm is considering a $1.16 billion investment in Neura Robotics, a fast-growing German tech startup
A Big Bet on the Future of Robotics
Tether has been discussing the potential deal with Neura Robotics. Sources suggested the startup could be valued between $9.29 billion and $11.6 billion. This would place Neura among the most valuable robotics companies in Europe.
The move fits with Tether’s recent effort to spread its investments. USDT, its main stablecoin, is still very profitable, and the company has been using its strong earnings to enter new sectors.
After recording over $10 billion in profit in the first three quarters of the year, Tether has expanded its portfolio These now include artificial intelligence, data centers, energy infrastructure, and Bitcoin mining.
The deal, if completed, would mark one of Tether’s boldest steps yet as it continues to widen its reach beyond digital assets.
Neura Robotics Aims for an “iPhone Moment”
Neura Robotics is preparing for the commercial launch of its humanoid robot. The first versions will be designed for industrial use. However, the company also plans to bring robots into home use in the future. It wants its technology to become part of everyday life.
The startup has ambitious goals. It has previously said it wants to produce 5 million robotic devices by 2030. The company also hopes to create an “iPhone moment” for robotics
Earlier this year, Neura raised nearly $140 million from several high-profile investors. These included BlueCrest, C4 Ventures, Lingotto, and the Volvo Cars Tech Fund. With this plan, Neura is set to compete with big companies like Cardano blockchain and Tesla. Tesla is also working on making its own humanoid robots for mass production.
Tether Eyes Big Moves in AI and Robotics Beyond Crypto
Tether’s CEO, Paolo Ardoino, has shown a growing interest in advanced technology, especially in decentralized AI. The company is building an internal research team working on open-source, peer-to-peer machine learning tools known as Tether AI.
A major investment in Neura Robotics would align well with Tether’s long-term strategy. The company aims to be a key player not just in crypto, but also in next-generation technology. This includes automation, AI, and physical robotics.
This potential deal signals that Tether is no longer content with being only a leader in digital finance. It is using its large profits to build influence in cutting-edge industries that could shape the future of work, industry, and home technology.
The post Tether Considers $1.16B Investment in Neura Robotics appeared first on TheCoinrise.com.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cambodia passes its first anti–tech scam law, strengthening law enforcement regulations to combat online telecom fraud
Cambodia’s National Assembly passed the “Anti-Technology Fraud Law” at the end of March, aiming to crack down on online scams and human trafficking. The law establishes dedicated offenses, with severe penalties and life imprisonment. The new law expands the scope of law enforcement, targeting acts such as “pig butchering” scams, and responds to international pressure to repair its image. The government has pledged to shut down illegal scam centers by the end of April.
ChainNewsAbmedia04-03 18:25
Ledger phishing email scam steals 600,000 USDT, and U.S. federal prosecutors recover all funds
An American court ruled to forfeit more than $600,000 in USDT, stemming from a physical letter phishing scam targeting Ledger users. After receiving the disguised letter, the victims leaked their seed phrases, and their funds were stolen. The scammers tried to conceal the funds through multiple transfers and conversion methods, but the transparency of the blockchain helped the police track the path of the fund movements. They then successfully recovered the funds through a civil forfeiture proceeding.
MarketWhisper04-03 03:02
US Attorney Connecticut Forfeits $600,000 in Tether Linked to Ledger Phishing Letter
Federal prosecutors in Connecticut recovered more than $600,000 in tether ( USDT) after tracing stolen cryptocurrency from a phishing scam that used a physical letter to deceive a hardware wallet user.
Connecticut Crypto Phishing Victim to Recover Funds
Local media reported that the U.S.
Coinpedia04-03 01:34
Tether Pursues Fundraising at $500 Billion Valuation
Gate News message, according to Bloomberg, Tether is making a final push for fundraising at a $500 billion valuation. The stablecoin issuer is working to complete this funding round at the specified valuation level.
GateNews04-02 22:13
Tether’s USAT Expands to Celo in First Move Beyond Ethereum Mainnet
Tether is launching its U.S.-backed stablecoin, USAT, on Celo, marking its first move beyond the Ethereum mainnet. This shift aims to integrate USAT into a payments-focused environment, enhancing accessibility and usability in onchain transactions.
CryptoNewsFlash04-02 17:25
