Fascinating: Tether invests $200M into a Neurotech start-up.

So many thoughts here.

I'm curious to hear your perspective first.

What's the play?

Fascinating: Tether invests $200M into a Neurotech start-up.

So many thoughts here.

I'm curious to hear your perspective first.

What's the play?

https://www.forbes.com/sites/naveenrao/2024/04/30/what-200-million-in-crypto-cash-means-for-blackrock-neurotech/

Operator turned investor. Work in TradFi.  @crossroads 🟪

Giant balance sheet

Probably encouraged by FTX Anthropic success story

Elevating onchain creators 

@nodefoundation @brightmoments 
@ampsfun

I agree. Diversification is good asset management hygeine

A little disappointed tbh that they're not more strategically moving into CBI and that this is more of a traditional VC investment

They are printing cash and need somewhere to put it

Some percentage goes to alternative investments that are high risk

Seems standard for managing a corporate treasury of that size

Interesting. 

So they're looking to become a holding company - a next gen Birkshire Hathaway?