- Tether has announced it invested in the Series A round of the Academy of Digital Industries, an educational platform in Georgia.
- The ongoing financial investment will help support the “real world” education about blockchain, bitcoin, stablecoins and P2P technologies, Tether CEO Paolo Ardoino said.
Tether Operations Limited, the company behind the USDT stablecoin, has made an undisclosed investment in the Series A round of Academy of Digital Industries, a Georgia-based education platform.
The investment in the educational platform follows recent initiatives aimed at promoting blockchain innovation in Georgia. This program is expected to be an ongoing one, with Academy receiving long term financial assistance, Tether said in an announcement on Friday.
Tether steps into education business
According to Tether, the partnership offers the Georgian platform the opportunity to tap into the stablecoin issuer’s global network and expertise as it brings Bitcoin, stablecoins, AI and P2P technologies to students.
The collaboration and investment into the Academy of Digital Industries is also part of Tether’s commitment to support financial freedom and innovation globally, Tether CEO Paolo Ardoino said.
“Tether is a strong believer in financial freedom, freedom of communications, and freedom of education. High quality, accessible, and unbiased education is one of the most important pillars for the future of humanity,” he noted.
In a comment posted on X, the Tether boss said the company “is stepping into the education business.” He added:
“This is Real World Education, not “yet another couple of blockchain and defi courses” play.”
#tether is stepping into the education business.
This is Real World Education, not "yet another couple of blockchain and defi courses" play.
Academy of Digital Industries has proven their unique aproach to offline+online education, expanding rapidly across a vast variety of… https://t.co/715jfGfxY8
— Paolo Ardoino 🤖🍐 (@paoloardoino) December 22, 2023
Apart from the partnership, Tether also revealed an educational program dubbed “Mastering the Blockchain,” had been completed. This is the first such initiative in Georgia, which was made possible in collaboration with the Georgian Agency for Innovation and Technology (GITA) and Business and Technology University.