Tether Makes Its First Crypto VC Fund Investment Of $2M Into Arcanum Capital

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Tether has made its first crypto venture capital fund investment into Arcanum Capital’s Arcanum Emerging Technologies Fund II, for $2 million. Tether’s investment in a venture capital fund marks the latest in a series of diversification efforts by the stablecoin issuer. In October, Tether proposed a boron-backed token to the Turkish government. Tether also facilitated …

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