According to Foresight News, Tether has announced the acquisition of a 70% stake in South American sustainable production company Adecoagro. Following the completion of the acquisition, Adecoagro's board of directors has undergone significant changes to reflect the new ownership structure and strategic direction. Five board members are set to depart, while the current board members include Manuela Vaz Artigas, Ivo Andrés Sarjanovic, Daniel González, and Mariano Bosch.
Tether's collaboration with Adecoagro began in September 2024, when Tether invested $100 million to acquire a 9.8% stake in the company.