Tether Invests in Chilean Exchange Orionx to Drive Latin American Adoption
- Tether CEO Paolo Ardoino confirmed on June 2, 2025, that Tether was blocked from joining Juventus Football Club's capital raise in Italy.
- The capital increase, announced in April 2025, aims to raise €15 million to €110 million and excludes Tether despite its existing 10.12% stake in Juventus.
- Ardoino stated Tether remains eager to support Juventus's long-term growth but cannot invest without formal approval from the club's management.
- Ardoino described it as a "shame" to sideline willing investors and emphasized that bridging crypto and sports requires new collaborative mechanisms.
- Separately, Tether announced its strategic investment in Chile-based exchange Orionx to expand stablecoin access in Latin America, aiming to serve underserved communities.
24 Articles
24 Articles
Tether Invests in Chilean Exchange Orionx to Drive Latin American Adoption
Stablecoin issuer Tether has announced a strategic investment in Orionx, a cryptocurrency exchange based in Chile that operates in Peru, Colombia, and Mexico.The investment closes Orionx's Series A raise, which was led by Tether. The exchange also raised an undisclosed amount in 2023 in a round led by Bitfinex, Tether's sister company.Tether will use the investment to enhance its presence in Latin America, a region that has the second-highest pr…
Tether Leads Strategic Investment in Orionx to Increase Stablecoin Adoption in Latam - Coin Surges
With this investment, Tether leads Orionx’s Series A funding round for an undisclosed amount, aiming to expand the company’s foothold in Latam. The region is considered a fertile market for stablecoin-based financial services, as it has the second-largest proportion of unbanked adults. Tether Leads Orionx Series A Funding Round Tether, the leading stablecoin company, has […] Read Entire Article The post Tether Leads Strategic Investment in Orion…
Tether Leads Strategic Investment in Orionx to Increase Stablecoin Adoption in Latam
With this investment, Tether leads Orionx’s Series A funding round for an undisclosed amount, aiming to expand the company’s foothold in Latam. The region is considered a fertile market for stablecoin-based financial services, as it has the second-largest proportion of unbanked adults. Tether Leads Orionx Series A Funding Round Tether, the leading stablecoin company, has... The post Tether Leads Strategic Investment in Orionx to Increase Stablec…
Tether Leads Strategic Investment in Orionx to Increase Stablecoin Adoption in Latam – Crypto News Bitcoin News
With this investment, Tether leads Orionx’s Series A funding round for an undisclosed amount, aiming to expand the company’s foothold in Latam. The region is considered a fertile market for stablecoin-based financial services, as it has the second-largest proportion of unbanked adults. Tether Leads Orionx Series A Funding Round Tether, the leading stablecoin company, has […]
Tether Invests in Orionx To Boost Digital Asset Integration in Latin America
Tether has made a strategic investment in Orionx, a Chile-based digital asset company that operates in multiple Latin American countries, including Peru, Colombia, and Mexico. The investment concludes Orionx’s Series A funding round, which was led exclusively by Tether.Orionx focuses on digital financial infrastructure and cross-border payment solutions. The company plans to use the investment to expand its operations in the region, enhance its …
Tether Invests In Orionx to Expand LATAM Stablecoin Use - The Market Periodical
Key Insights Tether funds Orionx to grow stablecoin-powered financial services in Chile, Peru, Colombia, and Mexico. The investment supports expanding Orionx’s cross-border payments, merchant settlement, and digital treasury tools. Latin America sees a surge in stablecoin use amid inflation, devaluation, and limited access to traditional banking. Chile-based Orionx has received a strategic investment from Tether, which wants to grow stablecoin …
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