Tether's Diverse Investments: From Celsius Network to Volcano Energy 

Learn more: www.crypto-new...
Tether has evolved its investment strategy, shifting from commercial paper to US treasuries and repo markets. Notable investments include Celsius Network, a now-defunct crypto lending platform; Exordium, a web3 gaming company; Bitrefill, a site selling gift cards for cryptocurrency; and NAKA, a financial services company. Tether heavily funded Volcano Energy, an El Salvadoran geothermal energy company, and owns a significant portion of Northern Data Group, a bitcoin mining company accused of fraud. It made a minimal investment in the Academy of Digital Industries, a Georgian education company, and invested in Oobit, a Lithuanian crypto company. Satellogic, a satellite launch company, and CityPay.io, a Georgian crypto payments company, also received substantial funding. Additionally, Tether invested $100 million in Bitdeer Technologies Group, a NASDAQ-listed mining group, and $18.75 million in XREX, a blockchain financial institution. These investments highlight Tether's expanding influence in the crypto ecosystem, funding diverse projects while maintaining limited audits.