Tether Invests $200 Million in Brain-Computer Interface Firm Blackrock Neurotech

Tether has just invested $200 million in Blackrock Neurotech, aiming to revolutionize brain-computer interfaces.

This investment enhances the possibilities for millions impaired by neurological conditions, enabling control of devices through thought and expanding human-technology integration.

Tether "Blackrock Neurotech" Becomes Major Shareholder

Tether, the issuer of the U.S. dollar-linked stable coin USDT, announced on April 29, 2024, that it has invested $200 million in Blackrock Neurotech, a brain-computer interface (BCI) technology company.

Blackrock Neurotech is a biotech company in Utah, USA, that is developing brain-computer interface (BCI) technology to implant computers into the human brain.

The company aims to use BCI technology to help millions of people around the world who cannot walk, see, hear, speak, or feel due to paralysis or neurological disorders.

The investment is part of Tether's newly formed venture arm "Tether Evo" initiative, which reportedly makes Tether a major shareholder with a majority stake in Blackrock Neurotech.

Supporting Innovative Brain Implant Technologies

The $200 million investment by Tether will be used to commercialize and deploy medical solutions provided by Blackrock Neurotech, as well as to enhance the company's research and development.

According to the official announcement, Blackrock Neurotech's BCI technology enables patients to operate robotic arms, wheelchairs, and vehicles, send messages, and surf the internet merely by thinking.

Furthermore, Blackrock Neurotech has demonstrated that their devices can enable communication at a rate of up to 90 characters per minute for typing and 62 characters per minute for direct voice encoding.

In its announcement, Tether also highlighted the launch of several divisions within the company, each with distinct roles:

• Tether Power: Supporting the development of sustainable energy sources.
• Tether Edu: Expanding access to educational tools and resources.
• Tether Data: Developing cutting-edge AI and peer-to-peer technologies.
• Tether Evo: Integrating humanity and technology in unprecedented ways.

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