Tether Investments
Overview
Tether Investments is an investment company within the Tether group, based in El Salvador, formally named Tether Investments S.A. de C.V. It describes its capital as coming from group profits and excess reserves and invests across AI, financial services, energy, biotechnology, education, digital media, commodities, remittances and sports and entertainment.[1]
Rumble’s February 2025 filing identifies the company as successor in interest to Tether Investments Limited. Giancarlo DevasiniGiancarlo DevasiniGiancarlo Devasini is an Italian entrepreneur who is chairman of the stablecoin issuer Tether and chief financial officer of the crypto exchange Bitfinex. He trained in medicine and worked as a cosmetic surgeon before going into the electronics business.Open the full entry signed the June 17, 2026 transaction amendment for it as Sole Administrator.[2][3]
The Juventus investment announcement distinguishes the investment arm from stablecoin reserves. Its equity investments are separate from the issuance, reserve and redemption arrangements of the USD₮Tether USDt (USD₮)Tether USDt (USD₮, commonly written as USDT) is a U.S. dollar-pegged stablecoin issued since 2014, formerly named Realcoin and co-founded by Brock Pierce, Reeve Collins, and Craig Sellars. The tokens are minted and redeemed by the issuing company on multiple blockchains, and the peg relies on reserves, the issuance and redemption mechanism, and market arbitrage; it is not a decentralized algorithmic stablecoin.Open the full entry token.[4]
Contents9 sections
Key facts
December 2024–February 2025Investment in Rumble
On December 20, 2024, Tether agreed to invest $775 million in Rumble, purchasing 103,333,333 newly issued Class A shares at $7.50 each. The investment closed on February 7, 2025. Rumble used part of the proceeds to fund a $525 million tender offer for its own shares.[3]
February 2025Juventus Minority Investment
On February 14, 2025, Tether announced a minority investment in Juventus Football Club, proposing connections between sports and its digital-asset, payment, AI and biotechnology activities. It identified Juan Sartori, associated with Sunderland and AS Monaco, as a collaborator. The announcement did not disclose the initial purchase amount.[4]
June 2025Major Shareholder in Elemental Altus
On June 12, 2025, precious-metals royalty company Elemental Altus confirmed Tether’s purchase of 78,421,780 shares from La Mancha at C$1.55 each. Including existing holdings, Tether owned 82,782,291 shares, approximately 33.7%. It also obtained a conditional option for 34,444,580 shares held by Alpha 1; exercise would increase its stake to about 47.7%, rather than representing an already completed acquisition.[5]
December 2025Juventus Control Proposal Rejected
On December 13, 2025, Exor announced that its board had unanimously rejected Tether Investments’ unsolicited proposal to buy all Juventus shares held by Exor. Exor reaffirmed that it did not intend to sell any Juventus shares to a third party; the proposal did not result in a change of control.[6]
February 2026Anchorage Digital Investment
On February 5, 2026, Tether Investments announced a $100 million strategic equity investment in Anchorage Digital, extending their collaboration on stablecoins and regulated digital-asset infrastructure. The announcement explicitly identifies Anchorage Digital Bank, N.A. as the issuer of USA₮.[1]
June 2026Lead Investment in NEURA Robotics’ Series C
On June 10, 2026, Tether Investments announced it would lead NEURA Robotics’ Series C, targeting up to $1.4 billion from multiple strategic and financial investors, rather than a $1.4 billion commitment by Tether alone. Planned cooperation included integrating Tether’s self-custodial Wallet Development Kit and local AI runtime QVAC with Neuraverse and robotic systems.[7]
2026Juventus Shareholding and Capital-Increase Authorization
Juventus’s annual report for the year ended June 30, 2026 listed Tether as holding 11.5% of its share capital and 7.2% of its voting rights. On November 3, 2026, Juventus shareholders authorized the board to increase capital in one or more tranches up to €250 million including share premium. The annual consolidated financial statements presented at the meeting reported a €66 million loss; the standalone company loss was approximately €67.2 million.[8][9]
Sources
- Tether Announces $100 Million Strategic Equity Investment in Anchorage Digital (opens in a new window)
- Amendment No. 1 to Transaction Agreement — June 17, 2026 (opens in a new window)
- Rumble Inc. Form 8-K — February 7, 2025 (opens in a new window)
- Tether Investments Announces Strategic Minority Stake in Juventus Football Club (opens in a new window)
- Elemental Altus Is Pleased to Announce Tether Investments as New Cornerstone Shareholder (opens in a new window)
- Exor Board Unanimously Rejects Tether’s Proposal to Acquire Exor’s Controlling Stake in Juventus (opens in a new window)
- Tether to Lead NEURA Robotics’ Series C Financing, One of the Largest (up to $1.4bn) Robotics & Physical AI Investment Rounds on Record, to Power the Financial and Intelligence Layer of the Robotics Era (opens in a new window)
- Relazione finanziaria annuale al 30 giugno 2026 (opens in a new window)
- Assemblea degli Azionisti in sede ordinaria e straordinaria e delibere consiliari (opens in a new window)