Tether hired German investor Christian WSJ: Behind Tether's $1.5 Billion Dollar Throwdown, 'Middlemen' Make a Fortune
Angermayer to help invest in acquiring majority stakes in artificial intelligence companies and brain-machine chip firms that were facing losses, from which Angermayer received lucrative commissions.
——Generated by ChatGPTChristian Angermayer helps Tether invest in companies he owns shares in and receives generous commissions on the transactions.**Written by Ben Foldy, Caitlin Ostroff, Wall Street Journal
Compiled by Luffy, Foresighht NewsTether, the issuer behind the world's most popular cryptocurrency, USDT, is on an acquisition spree, buying majority stakes in artificial intelligence firm Northern Data and brain-machine chip company Blackrock Neurotech, both of which were notably brokered by the same German investor, who has led to mixed results.The stablecoin USDT currently has a market capitalization of more than $115 billion in circulation, and thanks to sizable interest rates, Tether can earn about $4 billion a year from the U.S. Treasuries that back USDT.Tether hired tech investor and entrepreneur Christian Angermayer to help invest the huge sum, and the multi-talented financier has also gotten rich from some unconventional investments, including psychedelic drugs, fossilized dinosaurs, and alternatives to the doping that athletes take during the Olympics.
Angermayer to help invest in acquiring majority stakes in artificial intelligence companies and brain-machine chip firms that were facing losses, from which Angermayer received lucrative commissions.
——Generated by ChatGPTChristian Angermayer helps Tether invest in companies he owns shares in and receives generous commissions on the transactions.**Written by Ben Foldy, Caitlin Ostroff, Wall Street Journal
Compiled by Luffy, Foresighht NewsTether, the issuer behind the world's most popular cryptocurrency, USDT, is on an acquisition spree, buying majority stakes in artificial intelligence firm Northern Data and brain-machine chip company Blackrock Neurotech, both of which were notably brokered by the same German investor, who has led to mixed results.The stablecoin USDT currently has a market capitalization of more than $115 billion in circulation, and thanks to sizable interest rates, Tether can earn about $4 billion a year from the U.S. Treasuries that back USDT.Tether hired tech investor and entrepreneur Christian Angermayer to help invest the huge sum, and the multi-talented financier has also gotten rich from some unconventional investments, including psychedelic drugs, fossilized dinosaurs, and alternatives to the doping that athletes take during the Olympics.