Tether Finalizes Majority Investment in Adecoagro to Power Real-World Asset Tokenization

Tether Expands Reach with 70% Stake in Latin American Firm Adecoagro, Paving the Way for Tokenization in Agriculture

Tether, the company behind the $150 billion USDT stablecoin, has completed its acquisition of a 70% stake in Adecoagro (AGRO), a leading agricultural and renewable energy producer in Latin America, with a market cap approaching $1 billion.

The deal began in September 2024, when Tether invested $100 million to acquire a 9.8% share in Adecoagro. In February 2025, the company proposed raising its stake to 51%, before ultimately securing control of 70% by March 2025.

With the acquisition, Tether now holds a commanding position in Adecoagro, which operates sugar mills, rice farms, dairy production, and renewable energy projects across Brazil, Argentina, and Uruguay. The acquisition allows Tether to oversee one of the region’s key players in both the agricultural and energy sectors.

Tether has expressed its intention to leverage this acquisition to scale Adecoagro’s operations while promoting its goal of increasing “economic freedom” via decentralized finance (DeFi) initiatives. The move also reflects Tether’s ambition to expand the concept of tokenizing real-world assets, a goal that aligns with the launch of its Hadron platform in 2024. Hadron aims to simplify the process of converting physical assets, including commodities, bonds, stocks, and even loyalty points, into blockchain-based tokens.

Paolo Ardoino, CEO of Tether, commented, “Through this strategic alignment with Adecoagro’s proven expertise in agriculture and renewable energy, we are bringing decentralized finance into the fabric of traditional industries to help drive economic empowerment globally.”

Following the transaction, Adecoagro’s board underwent significant changes, with five members stepping down to make way for new executives aligned with Tether’s strategic vision. Juan Sartori, a businessman with a background in agriculture and politics in Uruguay, was appointed as the new chairman.

Tether’s latest move builds on a series of expansions into new sectors, including bitcoin mining, AI, and secure communications. Adecoagro’s stock rose 2.6% following the announcement of the acquisition.