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Tether becomes brain-computer-interface company’s largest shareholder with major strategic neurotech investment. Crypto company Tether has announced a significant move into neurotechnology with its strategic investment of $200 million into Blackrock Neurotech – a developer of brain-computer-interface (BCI) technology. The investment, conducted through Tether’s new venture division, Tether Evo, positions the company as the majority stakeholder in Blackrock. Founded in 2008 by Dr Florian Solzbacher and Marcus Gerhardt at the University of Utah, Blackrock is developing technology designed to assist people affected by paralysis, neurological disorders and lost functions, enabling them to perform tasks through the power of their thoughts alone. The company, which operates in the same field as Elon Musk’s Neuralink, has demonstrated that its technology enables thought-to-text communication at impressive speeds. Backed by the likes of Peter Thiel and Christian Angermayer, Blackrock collaborates with hundreds of global institutions to push boundaries in the field of human-machine interface, with its precision electrode technology driving innovations in neuroscience and neuroprosthetics. “My life’s dream has been to help and restore function in people who lost it and to advance technologies that revolutionize healthcare and the world around us,” said Solzbacher. “This ambitious, long-term endeavor requires dedicated and visionary partners. With its…

Eliseo Pérez-Stable, MD, director of the Nation