Tether Seeks $500 Billion Valuation, Aims to Join Top Private Firms

TLDR Tether is in discussions to raise between $15 billion and $20 billion. The company aims for a valuation of approximately $500 billion. If successful, Tether will rank among the world’s most valuable private firms. Tether intends to offer new equity instead of selling existing stakes. Cantor Fitzgerald is advising on the potential deal with [...]

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