Tether acquired 70 %of the US -based crypto asset exporter, Latin American agricultural firm Adecoagro. The investment move is evaluated with the aim of bringing the company’s powerful agricultural and renewable energy infrastructure to the digital finance world.
Tether and his new company
Tether first invested in Adecoagro in September 2024 by investing $ 100 million and received a 9.8 %share. Then, in February, the amount of shares to 51 %of the proposal to increase and in March 70 %of the control of the control, reported a strategic investment move.
Adecoagro operates in Brazil, Argentina and Uruguay with sugar factories, rice fields, milk and renewable energy facilities. After the investment, a new structure was created by the company’s board of directors and a new structure with Tether. In addition, Juan Sartori, a business person and sector representative of Uruguayan, was appointed as the new president of the company.
Tether aims to emphasize economic freedom and distributed financial principles in cooperation with an experienced company in the agricultural sector.
Paolo Ardoino (Tether CEO): “Adecoagro’s experience in agriculture and renewable energy in the field of renewable energy is an important step in bringing traditional sectors to distributed finance.”
TOKIZATION AND NEW PROJECTS
In addition to investment move, Tether has taken steps in the field of asset tokens. With the Hadron platform, which was commissioned last year, it is aimed to convert different assets into crypto tokens. This strategy is seen as part of the company’s efforts to strengthen the bridges between the traditional business lines and the digital financial world.
In addition, Tether continues to sign new projects in Bitcoin mining, artificial intelligence and encrypted communication. The investment is expected to be effective in different sectors by supporting the company’s innovative strategies.
The results of the investment caused a slight increase in Adecoagro shares (approximately 2.6 %). Market followers assess that Tether’s move can provide a new synergy between financial technologies and traditional sectors. What kind of head will be established between agriculture and crypto and how to tolerates the example here is a matter of curiosity.
The data obtained show that investment can have long -term effects both in the agricultural sector and in the field of digital finance. Readers should consider that it may be useful to follow these developments in terms of sector dynamics and future projects.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
