Tether acquisition of 70% stake in South American agricultural company Adecoagro

According to a report from 深潮 TechFlow on April 30, Tether announced today (April 30) that it has successfully acquired a 70% controlling stake in Adecoagro (NYSE: AGRO), a leading sustainable production company in South America. This follows a $100 million investment last September that secured a 9.8% equity stake. This acquisition marks Tether's official entry into the real economy, expanding its business scope from digital finance to infrastructure sectors such as energy, agriculture, data, and communications. After the acquisition is completed, Adecoagro's board will be restructured, appointing Juan Sartori as the new Executive Chairman. Tether CEO Paolo Ardoino stated that this move reflects the company's commitment to advancing sustainable infrastructure development, especially in regions where traditional investments are relatively limited.