🥳 Earning Growth Points can Win an iPhone 16?
🔥 Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
🎁Prize pool over $10,000! Win iPhone 16 Pro Max 512G, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=11
How to earn Growth Points fast?
1️⃣ Go to [Post], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
New feature this round: “Fragment Exchange”! Collect fragments to redeem exclusive Gate merch!
100% chance t
Tether Invests $10.8 Million in Be Water to Revolutionize Digital Content
Tether has announced a $10.8 million (€10 million) investment in media company Be Water, acquiring a 30.4% stake to support innovation in content production and distribution. This move highlights Tether’s strategy to expand beyond fintech and into modern media technologies.
Tether Acquires 30.4% Stake in Be Water, Expanding into Media Innovation
Tether Inc. has made a strategic investment in Be Water, a media company specializing in film, audio, and live content distribution. Through a $10.8 million (€10 million) capital increase, Tether will acquire a 30.4% stake, supporting Be Water’s vision of integrating technology with content creation.
This investment reflects Tether’s broader strategy of diversifying beyond financial technology. With over $13 billion in 2024 profits and $113 billion in U.S. Treasury holdings, Tether has already expanded into various sectors, including a $775 million investment in video platform Rumble and a $200 million stake in Blackrock Neurotech.
“At Tether, we recognize the power of storytelling and the importance of independent media in shaping informed societies. Our investment in Be Water aligns with our vision to support technology-driven innovation across industries,” said Paolo Ardoino, CEO of Tether.
With Tether’s backing, Be Water plans to develop advanced digital infrastructure, enhance investigative journalism, and expand globally. This partnership aims to leverage blockchain and digital tools to revolutionize media distribution, further cementing Tether’s role in driving technological innovation across industries.