PANews reported on November 15th, citing the Financial Times, that stablecoin issuer Tether is in talks with humanoid robot manufacturer Neura Robotics to lead a €1 billion funding round. The deal is expected to value Neura between $9.29 billion and $11.6 billion. Tether reported profits exceeding $10 billion in the first three quarters of this year and is seeking to diversify its investment portfolio. In January of this year, Neura raised nearly $140 million in a funding round, with investors including BlueCrest, C4 Ventures, Lingotto, and Volvo Cars Technology Fund. The German company will compete with Elon Musk's Tesla, which plans to mass-produce robots.PANews reported on November 15th, citing the Financial Times, that stablecoin issuer Tether is in talks with humanoid robot manufacturer Neura Robotics to lead a €1 billion funding round. The deal is expected to value Neura between $9.29 billion and $11.6 billion. Tether reported profits exceeding $10 billion in the first three quarters of this year and is seeking to diversify its investment portfolio. In January of this year, Neura raised nearly $140 million in a funding round, with investors including BlueCrest, C4 Ventures, Lingotto, and Volvo Cars Technology Fund. The German company will compete with Elon Musk's Tesla, which plans to mass-produce robots.
Tether plans to invest €1 billion in robotics company Neura Robotics.
PANews reported on November 15th, citing the Financial Times, that stablecoin issuer Tether is in talks with humanoid robot manufacturer Neura Robotics to lead a €1 billion funding round. The deal is expected to value Neura between $9.29 billion and $11.6 billion. Tether reported profits exceeding $10 billion in the first three quarters of this year and is seeking to diversify its investment portfolio.
In January of this year, Neura raised nearly $140 million in a funding round, with investors including BlueCrest, C4 Ventures, Lingotto, and Volvo Cars Technology Fund. The German company will compete with Elon Musk's Tesla, which plans to mass-produce robots.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Grayscale’s GDLC Becomes First Multi-Asset Crypto ETF to Launch in US
Grayscale has launched GDLC, the first multi-asset crypto ETP in the US, offering diversified exposure to Bitcoin, Ethereum, and other large caps. The post Grayscale’s GDLC Becomes First Multi-Asset Crypto ETF to Launch in US appeared first on Coinspeaker.
Share
Coinspeaker2025/09/19 21:36
Tether plans to significantly expand its lending business, providing approximately $1.5 billion in credit to commodity traders.
PANews reported on November 15th that, according to Bloomberg, Tether Holdings SA CEO Paolo Ardoino stated in an interview that the company plans to significantly expand its lending business after providing approximately $1.5 billion in credit to commodity traders. The company plans to increase financing for commodity trading, including oil, cotton, wheat, and other agricultural products, and has already issued loans in US dollars and their stablecoin USDT. Tether's commodity lending business is part of its trade finance division, separate from its stablecoin reserves. The company holds nearly $200 billion in reserves and generates substantial revenue from them.
Share
PANews2025/11/15 09:16
JPMorgan Advances JPM Coin Onchain as Demand for Ultra-Fast Settlement Escalates
The post JPMorgan Advances JPM Coin Onchain as Demand for Ultra-Fast Settlement Escalates appeared on BitcoinEthereumNews.com. JPMorgan’s rollout of its USD deposit token on a public blockchain signals accelerating institutional adoption, unlocking faster settlement, expanded liquidity options, and programmable finance capabilities that position regulated digital money for broader use across markets. JPMorgan Drives JPM Coin Onchain With Coinbase Base Channeling High-Speed Flow Rising demand for high-speed settlement is pushing institutions toward […] Source: https://news.bitcoin.com/jpmorgan-advances-jpm-coin-onchain-as-demand-for-ultra-fast-settlement-escalates/
Share
BitcoinEthereumNews2025/11/15 09:19