Tether plans to invest $ 10.8 million in the Italian media company Buddha: Report

The internal source is required for purchase 30% of the share in the Italian media company, be water. With a market value of more than $ 144 billion, the Stablecoin is expanding its portfolio outside CRIPTO.

According to recent Bloomberg reportThe source that is familiar with the agreement on the exit of the news Stablecoin The publisher agreed to buy 30% of share in the Italian media company to be water.

However, the agreement has not yet been officially announced and the source refused to identify him until the agreement is public. A mooring representative (USDTT) He did not respond to a commentary regarding the banquing Italian company, nor a spokesman is not water.

Finanier and Guido Brera writer was founded in 2021. years, be water for a media company based in Rome, Italy. It is the home company Podcast Production company Chora Media and Instagram Compost Compring Complation, as well as distribution and production firms.

That made it debut At the Film Festival in Cannes last year and partner is with major players from the Italian film industry, such as Screenviter Stefano Byzinga and actor Alessandro Borghi.

If the agreement is closer, be the water of the latest company in multimedia companies after 2024 in December 2024 in the partial video sharing platform in December 2024. Years. The result of StableCoin has been recently agreed To help the platform build its own digital wallet to support the Creator financing.

In addition to multimedia companies, Tether’s investment portfolio Covers a wide range of companies in various Bitcoin industries (Btc) Mining to trading goods. At times of pressure, USD accumulated a market hat of more than $ 144 billion. While her daily trading scope is currently $ 23.8 billion data from crypto.news.

Last month, internal source signaled This mooring plans to invest 7 billion dollars in excess reserves in several companies outside the crypton space.