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October 29, 2026 3:05 am
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Alex Witt, a founding partner at Verda Ventures, said Witt and fellow partner Amit will join Tether.
Verda Ventures had operated as a venture capital firm investing in stablecoin infrastructure and had previously received funding from Tether. With the two joining Tether, the firm plans to halt new investments and move into a wind-down and capital recovery phase.