Crypto powerhouse Tether, the world's largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion dollar a year global commodities trade.
Cryptocurrency company Tether announces the acquisition of a 70% controlling stake in Adecoagro S.A. , a farming company that owns over 210,000 hectares in Argentina, Brazil and Uruguay.
Part asset manager, part farmland operator, The Land Group acquires property and manages it with a variety of regenerative practices for institutional, family office, and fund investors. The firm currently has 40,000 hectares under operation in Uruguay and Paraguay.
Adecoagro, which farms 210,400 hectares in Argentina, Brazil and Uruguay for sugar, dairy and ethanol production, has entered into a transaction agreement with Tether Investments, part of the Tether Group, which runs the world’s largest stablecoin.
El Grupo Tether se quedará con el control de Adecoagro, la empresa agroalimenticia argentina que también opera en Brasil y Uruguay, mientras está acumulando acciones de Bioceres
Con 1,2 millones de ha de monocultivo forestal y una extensión similar con soja, la segunda fuente de agua potable más grande de Latinoamérica, la cuenca de la Laguna Merín, está amenazada. Activistas dicen que hay de decidir si la tierra y el agua se usarán para generar empleo y alimentos de calidad, o si seguirán destinadas a la exportación de commodities.
Cuatro capítulos, cuatro países, cuatro historias que muestran cómo el uso de pesticidas afecta la salud, el acceso a la tierra y el medio ambiente de distintas comunidades de Argentina, Bolivia, Paraguay y Brasil.
After establishing the scheme in 2012 on land it bought in Uruguay, Harvard sold the land across two deals in 2017 and 2019 worth a combined $450m. But the project is still active today and has sold enough credits to have supposedly offset over 5 million tonnes of CO2 emissions.
Entre enero y agosto de 2024, inversores extranjeros, principalmente de Estados Unidos, Japón, Brasil y Argentina, adquirieron 135.888 hectáreas de tierras agrícolas uruguayas.
Japanese paper maker buys a 41,000 tree plantation in Uruguay for US$288mn from US asset manager The Rohatyn Group, as part of a plan to reduce its greenhouse gas emissions.
Nova empresa vai incorporar 315 mil hectares da Cosan no valor de R$ 14,6 bilhões e os 170 mil hectares administrados pela Nuveen/TIAA na América Latina, avaliados em cerca de R$ 4 bilhões.
Operation creates Radar Gestão de Investimentos, a joint venture that will manage farmlands of the two companies in Latin America
