Tether Acquires 70% Stake in Adecoagro, Expands Agricultural Investments

Tether, known for its USDT stablecoin, has acquired a 70% stake in Adecoagro, a leading Latin American firm specializing in agriculture and renewable energy, marking a major expansion beyond digital finance. This strategic investment aligns with Tether’s goal to bridge traditional sectors such as food production and bioenergy with decentralized finance, particularly in underserved markets. Tether’s involvement began with a $100 million investment for a 9.8% stake in September 2024, followed by a series of increases culminating in a controlling share by March 2025. Adecoagro operates across Brazil, Argentina, and Uruguay, and the acquisition has resulted in significant changes to its board, including the appointment of Uruguayan businessman Juan Sartori as chairman. A key element of Tether’s strategy is asset tokenization, using its Hadron platform to bring real-world assets like agricultural output into the crypto space. The move is also part of Tether’s broader push into sectors such as bitcoin mining, AI, and secure communications, with the aim of fostering economic empowerment and innovation.