Tether

investment firm

About

Tether Holdings operates a platform to store, send, and receive local currency person to person globally.

Details

Industries
Bitcoin,Cryptocurrency,Finance,Financial Services,FinTech
Founded date
Jan 1, 2014
Operating Status
Active

Tether Holdings operates a platform to store, send, and receive local currency person to person globally.

Tether is a token backed by actual fiat currency assets, including USD, Euros and, soon, Japanese Yen. One Tether equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account. Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies.

Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat-backed tokens on blockchains. By leveraging Blockchain technology, Tether allows you to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives.

Investments

Number of Investments
Number of Lead Investments
3
2
Tether has made 3 investments. Their most recent investment was on Apr 10, 2021, when Bitrefill raised $7M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 10, 2021 Bitrefill
Funding Round $7M Bitcoin
Jan 19, 2021 Exordium
Initial Coin Offering $1M Console Games Yes
Jun 22, 2020 Celsius Network
Corporate Round $10M Blockchain Yes

Employee Profiles

Number of Employee Profiles
6
Tether has 6 current employee profiles, including Executive Jean-Louis van der Velde
Executive
Executive
Executive
Executive