Tether unveils acquisition of 70% stake in Adecoagro
#Tether acquired a 70% stake in an agro-industrial company that produces and manufactures food and renewable energy, #Adecoagro . In September 2024, Tether invested $100M in Adecoagro for a 9.8% stake, signaling its intent to support and scale sustainable real-world asset production. With majority ownership secured, Tether is now poised to drive Adecoagro’s growth and reshape its board and operations around a progressive vision centered on renewable energy, resource efficiency, and regional development.
👉 tether.io/news/tether-acquires-70-stake-in-adecoagro-signaling-strategic-expansion-into-sustainable-infrastructure/