According to Cointelegraph, Tether, a stablecoin issuer, recently announced the completion of its first “cryptocurrency venture capital fund” investment. The company has invested $2 million in Arcanum Capital’s Arcanum Emerging Technologies Fund II. The fund is a tokenized investment tool that focuses on decentralized Web3 projects, aiming to promote the application of blockchain technology in remittances, cross-border payments, privacy protection, and the unbanked population.

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