Tether Explores Investment in German Robotics Startup Neura Robotics

According to Odaily, Tether, the issuer of stablecoins, is considering leading a $1.16 billion funding round for German tech startup Neura Robotics. The two parties have initiated preliminary discussions, with Neura Robotics' valuation expected to range between $9.29 billion and $11.6 billion. Neura Robotics specializes in humanoid robot development, with its first product targeting industrial clients and plans to expand into the home robotics sector. Tether has generated over $10 billion in profits during the first three quarters of this year and is seeking to diversify its investment portfolio.