Stablecoin issuer Tether is reportedly considering a substantial investment of $1.15 billion in Neura, a German robotics startup, an endeavor that would significantly enhance its foothold in the dynamic realm of artificial intelligence.
According to a report published by the Financial Times on Friday, this transaction could elevate Neura’s valuation to an impressive range of $9.3 billion to $11.6 billion, drawing on insights from sources “with direct knowledge” of the negotiations.
While discussions appear to be ongoing, neither Tether nor Neura has confirmed the potential €1 billion ($1.15 billion) agreement.
This prospective investment would contribute to Tether’s expanding portfolio, which currently includes backing for 140 companies in diverse sectors such as Bitcoin mining, artificial intelligence, renewable energy, finance, and even professional sports teams.
An investment in Neura promises to bolster advancements in robotics aimed at enabling “smarter automation.”
Neura’s robots are designed to aid both humans and AI in diverse applications—ranging from optimizing production processes at industrial facilities to handling routine household chores—with aspirations to manufacture 5 million robots by 2030 to fulfill these roles.
AI robots could soon assist with taking out the trash and other monotonous tasks. NEURA Robotics CEO David Reger notes that robot 4NE-1 “should be able to do things we would rather avoid.” pic.twitter.com/ZVdGovL3h5
May 08, 2024
Tether’s financial position appears robust once again in 2025
Tether reported a net profit exceeding $10 billion in the first three quarters of 2025, according to its Q3 attestation report published on October 31.
This marks a continuation from the $13.4 billion profit amassed in 2024, placing Tether among the most profitable companies worldwide on a per-employee basis.
This fiscal success is largely attributed to revenue generated from interest on US Treasury bills that underpin its Tether (USDT) stablecoin, currently boasting a market capitalization of approximately $184 billion.
Tether delineates further expansion into commodities
Recently, Tether confirmed its foray into commodity-trade lending, with CEO Paolo Ardoino informing Bloomberg that the company has already allocated around $1.5 billion towards this sector, aiming to gain traction in agricultural commodities and oil.
Additionally, Tether has tokenized a gold product, known as Tether Gold (XAUT), which has experienced a 70% increase in market capitalization, now exceeding $2.1 billion in light of the recent rally in bullion prices.
These developments come as Tether was reportedly exploring a significant $20 billion fundraising round in late September, a venture that could elevate its valuation to around $500 billion, positioning it on par with industry giants such as OpenAI.
Source link: Tradingview.com.
