Tether acquires 70% stake in South American agricultural company Adecoagro

TechFlow news, April 30 — According to an official announcement today (April 30), Tether has successfully acquired a 70% controlling stake in Adecoagro (NYSE: AGRO), South America's leading sustainable production company. This marks a further expansion following Tether's $100 million investment last September, which secured a 9.8% equity stake. The acquisition signifies Tether's formal entry into the real economy, extending its operations from digital finance into infrastructure sectors such as energy, agriculture, data, and communications. Following the acquisition, Adecoagro's board has been restructured, with Juan Sartori appointed as the new Executive Chairman. Tether CEO Paolo Ardoino stated that this move reflects the company's commitment to advancing sustainable infrastructure development, particularly in regions where traditional investments have been relatively limited.