Tether has made a strategic $775 million investment in the video-sharing platform Rumble, emphasizing a mutual vision for a blockchain-enhanced future. The investment includes $250 million in direct funding and the potential acquisition of up to 70 million shares, cementing Tether’s influential stake and supporting Rumble’s dedication to unrestricted content.
The collaboration emphasizes the alignment of Tether’s blockchain foundation with Rumble’s free speech ethos. Executives Paolo Ardoino and Chris Pavlovski are confident this partnership will bolster decentralized platforms and challenge mainstream media.
Rumble anticipates financial stability by 2025, with the fresh capital providing shareholder liquidity and fueling growth. As Rumble’s stock surged following the news, Tether and Rumble aim to lead in creating a decentralized, uncensored media landscape, with the partnership expected to be solidified in early 2025 subject to regulatory approval.
Tether’s wider investment strategy showcases its commitment to supporting projects dedicated to transparency and innovation, positioning itself as a leader at the forefront of free speech and digital decentralization.
