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Tether’s $500 Billion Valuation Ambition Draws Ark Invest and SoftBank Interest
Tether’s $500 Billion Valuation Ambition Draws Ark Invest and SoftBank Interest
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BTCCSquare news:
Tether Holdings SA, the issuer of the world's largest stablecoin USDT, is negotiating what could become one of crypto's most significant private funding rounds. The company seeks to raise $15-$20 billion at a staggering $500 billion valuation, equivalent to selling a 3% equity stake through newly issued shares.
SoftBank Group and Cathie Wood's Ark Investment Management are reportedly in discussions to participate. The proposed valuation dwarfs USDT's current $170-$175 billion market capitalization, signaling institutional confidence in Tether's expansion beyond stablecoins into cloud services, telecommunications, and real estate investments.
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