Tether invested 10.8 million USD to secure a 30.4% stake in Be Water. This strategic move is designed to support independent journalism and facilitate innovation in digital content.

Tether CEO Paolo Ardoino highlighted the vital role of independent media in shaping informed societies. Be Water aims to leverage Tether’s expertise to enhance its growth and global reach.

Following the investment, Be Water will restructure its board to include Tether executives. The capital will be used to improve its digital infrastructure and expand content production efforts.