Tether makes strategic investment in sleep tech firm Eight Sleep

Tether has announced a strategic investment in sleep technology company Eight Sleep. The company was valued at $1.5 billion, though the investment amount was not disclosed. Eight Sleep is a health-tech company that uses AI and sensors to analyze personal biometric data and provide customized sleep management features. The two companies plan to jointly develop healthcare technology using Tether's QVAC architecture and AI technology. Tether previously launched QVAC Health, a health app that integrates and tracks various data points, including step counts, sleep patterns, and exercise records.