Українська
Русский
English
Tether Plans to Raise Up to $20B at a Valuation of Around $500B
Tether Holdings SA, the parent company of the world’s largest stablecoin, is in talks with investors to raise between $15 billion and $20 billion in exchange for roughly 3% of the company, Bloomberg reported on Tuesday.
If successful, the deal would value the El Salvador–based crypto firm at about $500 billion at the top end of the range, placing it among the world’s most valuable private companies.
The transaction would involve issuing new shares rather than existing shareholders selling their stakes, the report added. Cantor Fitzgerald is said to be acting as the lead adviser on the potential deal.
The figures cited reportedly represent maximum targets, and the final investment amount could be significantly lower. The talks are still at an early stage, and the terms of the proposed investment may yet change.
See also: "Morgan Stanley to Launch Trading in Bitcoin, Ethereum, and Solana"
