Tether Welcomes New Chief Business Officer to Diversify Investments
Tether has appointed Benjamin Habbel as its chief business officer. Habbel, with experience at Google and Limestone Capital, will lead Tether’s investment strategy. His focus will be on AI, energy, and digital infrastructure.
Habbel’s role is to guide Tether’s growth,finance,and investments. He will work with companies in AI, telecommunications, and bitcoin mining.Tether holds 92,646.2 BTC, valued at about $10.47 billion. His expertise includes scaling tech products and managing financial assets.
Tether CEO Paolo Ardoino believes Habbel will help Tether become a global tech and finance leader. This move shows Tether’s shift from stablecoin dominance to a diversified investment player. Tether is exploring a $20 billion capital raise.
Habbel’s role includes overseeing growth, finance, and investments. He will work with companies in AI, telecommunications, and Bitcoin mining. Tether holds 92,646.2 BTC, valued at $10.47 billion. Habbel’s career includes leadership roles at Google and Limestone Capital.
His appointment signals tether’s shift from stablecoin dominance to a diversified global investment player. Tether’s $172 billion USDT stablecoin and quarterly profits in the billions support this move. Habbel joins after Tether hired Bo Hines as a Strategic Advisor for U.S. strategy. Tether has invested in agriculture, gold, media, and neurotech firms.
With Habbel’s leadership, Tether aims to build resilient infrastructure for a decentralized future.Tether’s CEO, Paolo Ardoino, is confident in Habbel’s ability to strengthen the company’s foundation and accelerate its evolution into a global technology and financial leader.
- Habbel will oversee investments in AI, energy, and digital infrastructure.
- tether explores a $20 billion capital raise targeting a $500 billion valuation.
- tether has made investments in Adecoagro, Elemental Altus, Be Water, rumble, and Blackrock Neurotech.
