Tether CEO: We are not disclosing the scale of our investment in the commodity trading sector at this time, as we are cautiously formulating strategies
Odaily Planet Daily reports that Tether's CEO, Paolo Ardoino, confirmed the company's interest in commodity trading finance during an interview with Bloomberg. However, he emphasized that discussions are still at a preliminary stage and refused to disclose the scale of investment planned for commodity trading. He only indicated that Tether is cautiously formulating its strategy.
Paolo Ardoino explained: "We are interested in exploring different possibilities of commodity trading. The future potential is huge, but we may not reveal how much we plan to invest in commodity trading as we are still formulating our strategy." (Bloomberg)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Animoca Brands and the crypto community jointly donate over HK$2.6 million for the Tai Po fire in Hong Kong
Data: A certain whale spent 10 million DAI to purchase 3,297 ETH
YZi Labs announces the EASY Residency Season 2 team, covering Web3, AI, and biotechnology