Verda Ventures to Join Tether, Halt New Investments, and Enter Investment Realization Phase

Verda Ventures will join Tether, stop making new investments, and enter an investment realization phase after three years of operations. According to Foresight News, founder and general partner Alex Witt said in a post on X that Tether had previously been one of Verda Ventures' limited partners. To avoid potential conflicts of interest, the firm will continue supporting its 28 portfolio companies and selectively participate in follow-on funding rounds.