Tether leads a Series A funding round for Chilean crypto exchange Orionx with a strategic investment aimed at expanding cryptocurrency adoption in Latin America.

Tether invests in Orionx as part of its Series A funding round to enhance crypto services across Latin America. The investment will help consolidate operations and scale the infrastructure targeting adoption among unbanked communities. CEO Paolo Ardoino highlights the initiative's focus on accessibility for underserved markets. Orionx aims to use this capital to facilitate cross-border payments and remittances.