Tether Finalizes Buying 70% of Adecoagro Stake, Securing Tokenization Ambition

Tether, the issuer behind the nearly $150 billion USDT stablecoin, has finalized the purchase of a 70% stake in the Latin American agricultural firm Adecoagro (AGRO), which has a market cap of nearly a billion dollars. Tether initially invested $100 million in Adecoagro in September 2024 for a 9.8% stake, then offered to increase it to 51% in February, and finally raised it to control 70% in March. Read more: Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization PlayThis majority stake gives Tether control over one of the region’s most prominent food and bioenergy producers source: https://www.coindesk.com/markets/2025/04/30/tether-finalizes-buying-70-of-adecoagro-stake-securing-tokenization-ambition