Investing & Markets

Tether Seeks $15B from SoftBank, Ark Invest for Massive Valuation

Tether Seeks $15B from SoftBank, Ark Invest for Massive Valuation

Tether (USDT), the world's largest stablecoin issuer, is reportedly engaging in high-level discussions with prominent investment firms, including SoftBank Group and Ark Investment Management. These talks are centered around a substantial funding round, with ambitions to secure between $15 billion and $20 billion in capital. Should these discussions materialize, it could propel Tether's valuation to an astounding $500 billion, signaling a new era for the cryptocurrency giant. The initial report, which surfaced via Bloomberg News, highlights Tether's strategic exploration of private placement opportunities to further entrench its leading position within the dynamic digital asset market. The Strategic Involvement of SoftBank and Ark Invest The potential involvement of institutional behemoths like SoftBank and Ark Invest is more than just a capital injection; it represents a significant boost to Tether's credibility and legitimacy. For years, Tether has faced scrutiny regard…

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