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Tether-Backed Rumble Announces Intent to Acquire Northern Data, Signaling a Major Push into US AI.
Tether-Backed Rumble Announces Intent to Acquire Northern Data, Signaling a Major Push into US AI Infrastructure.
Tether's backing of Rumble's acquisition of Northern Data signals its ambition to expand its influence within the U.S., particularly in the artificial intelligence (AI) and decentralized technology sectors. This strategic move, along with a planned U.S.-specific stablecoin, is part of a broader effort to compete with centralized Big Tech companies and secure a stronger footprint in the U.S. market.
Details of the Rumble and Tether deal:
Rumble, a video-sharing and cloud platform, is set to acquire Northern Data, a German AI infrastructure company, for approximately $767 million in a stock deal.
Tether, a major stablecoin issuer and existing investor in both companies, will play a central role in the merged entity.
Tether invested $775 million in Rumble in December 2024.
Following the acquisition, Tether will become a major customer, committing to a $150 million GPU service purchasing deal and a $100 million advertising deal with the combined company.
Rumble will gain access to Northern Data's substantial GPU fleet (over 22,000 Nvidia GPUs) and data centers, allowing it to compete in the high-performance computing market.
Tether's broader U.S. strategy:
Expansion into AI infrastructure: The Northern Data deal demonstrates Tether's investment strategy in AI and its aim to build an AI ecosystem that rivals major centralized tech firms.
New U.S.-specific stablecoin: Tether plans to launch a compliant U.S. stablecoin, USAT, in partnership with other entities to serve American users. The launch is aimed at adhering to new regulations under the GENIUS Act.
Creating open platforms: Both Tether and Rumble share a vision of developing open platforms as alternatives to centralized "censor-prone Big Tech". The Rumble Wallet is another component of Tether's plan for a digital payment system in the U.S..
Reinforcing dollar dominance: The move into the U.S. stablecoin market is also seen as a way to reinforce the dollar's global leadership through the crypto space.
#Tether #rumble #Aİ #USExpansion #CryptoNews
Tether's backing of Rumble's acquisition of Northern Data signals its ambition to expand its influence within the U.S., particularly in the artificial intelligence (AI) and decentralized technology sectors. This strategic move, along with a planned U.S.-specific stablecoin, is part of a broader effort to compete with centralized Big Tech companies and secure a stronger footprint in the U.S. market.
Details of the Rumble and Tether deal:
Rumble, a video-sharing and cloud platform, is set to acquire Northern Data, a German AI infrastructure company, for approximately $767 million in a stock deal.
Tether, a major stablecoin issuer and existing investor in both companies, will play a central role in the merged entity.
Tether invested $775 million in Rumble in December 2024.
Following the acquisition, Tether will become a major customer, committing to a $150 million GPU service purchasing deal and a $100 million advertising deal with the combined company.
Rumble will gain access to Northern Data's substantial GPU fleet (over 22,000 Nvidia GPUs) and data centers, allowing it to compete in the high-performance computing market.
Tether's broader U.S. strategy:
Expansion into AI infrastructure: The Northern Data deal demonstrates Tether's investment strategy in AI and its aim to build an AI ecosystem that rivals major centralized tech firms.
New U.S.-specific stablecoin: Tether plans to launch a compliant U.S. stablecoin, USAT, in partnership with other entities to serve American users. The launch is aimed at adhering to new regulations under the GENIUS Act.
Creating open platforms: Both Tether and Rumble share a vision of developing open platforms as alternatives to centralized "censor-prone Big Tech". The Rumble Wallet is another component of Tether's plan for a digital payment system in the U.S..
Reinforcing dollar dominance: The move into the U.S. stablecoin market is also seen as a way to reinforce the dollar's global leadership through the crypto space.
#Tether #rumble #Aİ #USExpansion #CryptoNews
AlchemyPay Expands with 8 Money Transmitter Licenses Across the U.S. 🇺🇸
AlchemyPay is taking a major leap forward by securing 8 Money Transmitter Licenses across the United States, extending our reach from Arkansas to Minnesota. This milestone allows us to offer reliable and compliant fiat-to-crypto payment solutions in more regions, ensuring greater trust and accessibility for users nationwide.
With each additional license, we are building a robust network that guarantees security, compliance, and seamless integration between traditional finance and the crypto world. This expansion not only strengthens our presence but also enhances our ability to provide innovative financial services that cater to diverse market needs.
As we continue to grow, the foundation we’re laying in these states will pave the way for even broader coverage, offering more individuals and businesses secure access to the future of finance. Trust in AlchemyPay to lead the way toward a more connected, decentralized economy.
Stay tuned—this is just the beginning of a journey that will bring greater opportunities for everyone.
#AlchemyPay #FiatCryptoSolutions #BlockchainCompliance
#USExpansion
AlchemyPay is taking a major leap forward by securing 8 Money Transmitter Licenses across the United States, extending our reach from Arkansas to Minnesota. This milestone allows us to offer reliable and compliant fiat-to-crypto payment solutions in more regions, ensuring greater trust and accessibility for users nationwide.
With each additional license, we are building a robust network that guarantees security, compliance, and seamless integration between traditional finance and the crypto world. This expansion not only strengthens our presence but also enhances our ability to provide innovative financial services that cater to diverse market needs.
As we continue to grow, the foundation we’re laying in these states will pave the way for even broader coverage, offering more individuals and businesses secure access to the future of finance. Trust in AlchemyPay to lead the way toward a more connected, decentralized economy.
Stay tuned—this is just the beginning of a journey that will bring greater opportunities for everyone.
#AlchemyPay #FiatCryptoSolutions #BlockchainCompliance
#USExpansion
🚀 Telegram-Linked $TON Eyes U.S. Expansion Amid Regulatory Changes! 🇺🇸
The Open Network (TON), backed by Telegram, is gearing up to expand in the U.S. as the cryptocurrency landscape evolves under President-elect Donald Trump's pro-crypto policies.
🔹 Leadership Change: Manuel Stotz is now the president of the TON Foundation, aiming to spearhead U.S. growth. 🔹 Pro-Crypto Shift: The U.S. is poised to become a key hub for digital assets, and TON is positioning itself to capitalize on this.
Stay tuned as TON sets its sights on reshaping the crypto space!
#TON #CryptoExpansion #Telegram #Binance #USExpansion
The Open Network (TON), backed by Telegram, is gearing up to expand in the U.S. as the cryptocurrency landscape evolves under President-elect Donald Trump's pro-crypto policies.
🔹 Leadership Change: Manuel Stotz is now the president of the TON Foundation, aiming to spearhead U.S. growth. 🔹 Pro-Crypto Shift: The U.S. is poised to become a key hub for digital assets, and TON is positioning itself to capitalize on this.
Stay tuned as TON sets its sights on reshaping the crypto space!
#TON #CryptoExpansion #Telegram #Binance #USExpansion
🚨 Bitmain, the HUGE Bitcoin mining giant from China, is coming to the USA.
They're planning to open their FIRST-EVER US factory in either Texas or Florida by the end of Q3 2025.🚀
#bitmain #BitcoinMiningNews #USExpansion #BinanceHODLerTree $BTC
They're planning to open their FIRST-EVER US factory in either Texas or Florida by the end of Q3 2025.🚀
#bitmain #BitcoinMiningNews #USExpansion #BinanceHODLerTree $BTC
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