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

The investment by the crypto company aims to advance medical solutions for paralysis and neurological disorders.

Tether acquires a majority stake in Blackrock Neurotech, valuing the company at $350 million.
The $200 million investment will primarily fund the commercialization and rollout of Blackrock's brain-to-computer interfaces.
Blackrock Neurotech's technology has been used in more than 40 individuals to enable control of computers and prosthetic arms without physical movement.
Tether's venture division, Tether Evo, made the investment, focusing on merging technology with human capabilities.
Other divisions of Tether include Tether Data, Tether Finance, Tether Power, and Tether Edu, expanding the company's focus beyond stablecoins.