Tether Invests $200M in Neural Implant Firm, Blackrock Neurotech
- bhoomisinghal0
- Apr 30, 2024
- 1 min read
Tether has reportedly invested $200 million in neural implant company, Blackrock Neurotech. This investment comes as part of the company’s restructuring. And plans to expand to other frontiers. The investment also makes Tether a major stakeholder in Neurotech. The investment was allegedly made through Tether’s venture capital division Tether Evo. Blackrock Neurotech is a huge player in human brain-computer-interface (BCI) technology. The company helps build devices that respond to brain signals. These medical devices are geared towards assisting individuals with neurological disorders and paralysis. The investment comes amidst Tether’s organizational expansion.
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