Tether Targets $20B Raise at Staggering $500B Valuation Through Equity Markets

Tether launches monumental capital raise that could redefine crypto's position in traditional finance.

The Funding Gambit

Stablecoin giant Tether plans to secure up to $20 billion while commanding a half-trillion-dollar valuation—putting it on par with the world's most valuable financial institutions. This move signals crypto's aggressive push into mainstream capital markets.

Valuation Reality Check

The proposed $500 billion valuation would eclipse major legacy banks and tech giants, challenging conventional Wall Street metrics. Market watchers note the figure represents either visionary foresight or speculative exuberance—depending which side of the crypto divide you stand.

Equity Market End-Run

By tapping public markets instead of private rounds, Tether bypasses traditional VC gatekeepers and brings crypto-native valuation models directly to public investors. The strategy could force institutional reassessment of digital asset economics.

Wall Street's worst nightmare: crypto companies discovering they don't actually need Wall Street.

Tether, the leading stablecoin issuer, is reportedly seeking to raise more funds from the public. The top-tier web3 company is reportedly seeking to raise between $15 billion and $20 billion on a total valuation of around $500 billion, according to people familiar with the matter. 

Tether is ostensibly seeking to sell 3% of its stake to raise the funds. However, the final discussions of Tether’s fundraising have not yet been finalized, thus the deal is likely to be changed along the way.

Bloomberg noted that Cantor Fitzgerald is acting as the lead advisor to the Tether public fund raising. 

Why is Tether Raising More Funds?

Tether is seeking to solidify its dominance in the Stablecoin market amid the mainstream adoption of digital assets. Furthermore, the United States has led other nations in enacting clear crypto regulations to enhance the mainstream adoption of digital assets.

Earlier this year, President Donald TRUMP signed the Genius Act, to help democratize the mainstream adoption of digital assets. Earlier on Tuesday, the Commodity Futures Trading Commission (CFTC) announced a new initiative to enable the use of stablecoins in traditional derivatives.

As such, the stablecoin issuer is well-positioned to gain more market share in the long term. Furthermore, Tether’s USDT has a total market cap of about $173 billion and a daily average traded volume of around $96 billion. Meanwhile, the stablecoins market has a net valuation of nearly $300 billion with experts predicting a parabolic growth for stablecoins to surpass $1 trillion in the long haul.