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Tether invests in Chilean crypto exchange Orionx
NFT Gaming

Tether invests in Chilean crypto exchange Orionx

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Tether continues to expand its global presence and support for cryptocurrency adoption, with the stablecoin giant’s latest move being a strategic investment in Chile-based crypto exchange Orionx.

Tether, the issuer of leading stablecoin Tether (USDT), announced its investment in the Chilean Chilean digital assets and infrastructure company on June 3, 2025. According to details, the investment is part of Orionx’s series A funding round, which Tether led.

Orionx has operations across Latin America, offering its crypto cross-border payments solution in Chile, Peru, Mexico and Colombia. The funding will allow the platform to consolidate its operations in the region, Tether noted in a blog post.

The company will also use the capital injection to  scale its stablecoin-powered infrastructure, targeting further adoption of its solution for remittances, treasury services and payment collection across LATAM. Orionx will also target the region’s huge number of unbanked adults, with this key given LATAM users received almost $415 billion in crypto between July 2023 and June 2024.

“By closing Orionx’s series A round, we are not only supporting a high-impact company but also advancing our broader vision of making stablecoin-powered financial tools accessible to underserved communities across the region,” said Paolo Ardoino, chief executive officer of Tether.

Investment in Orionx adds to Tether’s other notable strategic moves, including the USDT issuer’s backing of self-custodial crypto wallet Zengo in February 2025. 

A couple of months later, in April, Tether invested in Fizen Limited, a fintech company focused on digital payments and crypto self-custody wallets. The deals aim at supporting Tether’s quest to enhance global stablecoin adoption, including in regions with high numbers of unbanked and underserved populations.

Orionx will support this initiative via the Tether collaboration, said Joel Vainstein, CEO of Orionx.

“Having Tether, the undisputed global leader in stablecoins, by our side will allow us to accelerate this path with digital, flexible, and scalable solutions,” Vainstein.



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Tether Moves $1,107,371,328 Bitcoin, CEO Breaks Silence
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Tether Moves $1,107,371,328 Bitcoin, CEO Breaks Silence

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Earlier today, 10,500 BTC — worth over $1.1 billion — was moved from Bitfinex’s hot wallet to a new Bitcoin address. On its own, the transaction would have caught people’s attention. But when Tether CEO Paolo Ardoino confirmed that the transfer was part of the pre-funding for SoftBank’s entry into Twenty One Capital (XXI), the quiet flow of recent on-chain activity snapped into context.

This was not a one-time thing. In the last 48 hours, a bunch of high-value Bitcoin transactions — 14,000 BTC; 4,812 BTC; 7,000 BTC and another for 917 BTC — have been sent to new wallets, and they are all linked to the same project. In total, around 37,229 BTC have moved, which is just under $4 billion at today’s price.

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Twenty One Capital is anything but your average fund. This Bitcoin-focused investment option first came to light in April. Its goal is to hold rather than speculate.

The structure is built to preserve capital in BTC, using that base layer to scale into the equity and debt markets. It is a playbook that is similar to how Strategy transformed, but this time it is happening before the IPO, and it has institutional backing from the start.

Tether Group is moving 10500 BTC to address bc1qpzt4m58zzqgp84ktyuj5tz8g8k8ssg2g2d5eeerwhx4gxulqq5mqjzm5gc as part of the pre-funding of SoftBank’s investment in Twenty One Capital (XXI)https://t.co/5PmG7w9TQ2

— Paolo Ardoino 🤖 (@paoloardoino) June 3, 2025

The fund is mostly made up of three big players: Tether, Bitfinex and SoftBank. Cantor Fitzgerald is involved too, working as an indirect anchor and reportedly supporting the capital formation side. Brandon Lutnick is leading the project. He was mentioned in some early investor materials as the son of the U.S. Secretary of Commerce.

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According to some insiders, the financial plan is simple but aggressive. Tether is committing $1.5 billion in BTC, SoftBank is in for $900 million and Bitfinex is allocating $600 million. They are expecting about $550 million more in capital, which will come from convertible debt and private placements.





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Bitfinex, Tether Transfer $2.7B Bitcoin To Twenty One Capital
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Bitfinex, Tether Transfer $2.7B Bitcoin to Twenty One Capital

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Tether and Bitfinex have moved a massive $2.7 billion worth of Bitcoin to Twenty One Capital, a new Bitcoin treasury firm set to go public on Nasdaq.

On Monday, Tether CEO Paolo Ardoino revealed that 25,812 BTC were sent to a new wallet address as part of pre-funding for Twenty One Capital’s equity raise. 

Tether Group had moved 4812.22029710 BTC to address bc1qzup4k7zn9jur7a8kz0dnaernzyf60h8ez6s9cpmp23wfw5djhvusd4p0v3 as part of the pre-funding of the initial convert/equity raise in Twenty One Capital (XXI)https://t.co/SqhVRzq3k9

— Paolo Ardoino 🤖 (@paoloardoino) June 2, 2025

Ardoino, who is also CTO of Bitfinex, shared the update on X (formerly Twitter), saying the move was “as part of the pre-funding of the initial convert/equity raise in Twenty One Capital.”

Twenty One Capital is backed by major players including Bitfinex, SoftBank, and Cantor Fitzgerald. The firm plans to use a strategy made popular by Strategy (formerly MicroStrategy), buying large amounts of Bitcoin using corporate debt.

Strike CEO Jack Mallers, who leads Twenty One Capital, said the company will show proof-of-reserves to keep things transparent. He also shared wallet addresses and noted that more would follow from Tether and Bitfinex, including an additional contribution made by Tether on behalf of SoftBank.

In total, Mallers mentioned about 31,500 BTC would be moved, including 10,500 from Tether and SoftBank. However, Ardoino’s confirmed move comes just under that figure.

Twenty One Capital will debut on Nasdaq via a SPAC merger with Cantor Equity Partners, trading under ticker symbol XXI. CEP shares jumped 7% to $43 on Monday, later peaking at $59.75.

The company also plans to raise $100 million through convertible notes, which may be converted into shares in the future and used to buy even more Bitcoin.

Also Read: Tether Now Holds 100K Bitcoin & 50 Tons of Gold: Says Ardoino





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Tether Increasing US Dollar Hegemony, CEO Says
NFT Gaming

Tether Increasing US Dollar Hegemony, CEO Says

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During a Friday appearance on CNBC, Tether CEO Paolo Ardoino stated that USDT is the stronghold for the US dollar hegemony. 

“We are a company that created three new important features for currency. The first one is financial inclusion…That is a great feature. But then, on top of that, we are spreading the US dollar hegemony. I mean, I think that we are the stronghold… we are the stronghold for the US dollar hegemony,” he said. 

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Ardoino has stressed that Tether now owns more U.S. Treasuries than such countries as Germany, Spain, and Australia. 

“If we were a nation, we would be the 18th largest nation holding US Treasuries,” he said. 

According to CoinGecko data, Tether’s USDT currently boasts a market cap of $152 billion. 

Audits and transparency 

Paolo has stressed that its quarterly attestation is performed by BDO, the fifth-largest auditor in the world. 

When it comes to the “Big Four” auditing firms, such as PricewaterhouseCoopers (PwC), Deloitte, Ernst & Young (EY), and KPMG, Paolo has stressed that they are still “very, very” cautious. That said, the stablecoin giant is still engaging in discussions with these juggernauts. 

“There was Operation Chokepoint 2.0… The same people who are managing the big four auditing firms are very, very cautious… requires them to become comfortable with the new landscape that is changing,” he said. 

Paolo has stressed that hiring a “Big Four” auditing firm will remain the “top priority” for Tether. 



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