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2h ago

Reports Say Tether Explores $15–$20 Billion Private Raise at Near-$500 Billion Valuation

The early-stage talks face uncertainty despite a public denial of fundraising plans from a senior company adviser.

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Tether looking to raise up to $20b, bringing its valuation to $500b: bloomberg
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Overview

  • Bloomberg-sourced reports say Tether is discussing a private placement of roughly 3% of its equity to raise $15 billion to $20 billion, implying a valuation near $500 billion.
  • The contemplated transaction would issue new shares rather than sell existing stakes, with Cantor Fitzgerald reported as lead adviser.
  • Prospective investors have reportedly been given data-room access in recent weeks, and sources caution the terms and size could change.
  • USDT remains the largest stablecoin with a market capitalization around $172 billion, far ahead of rival USDC.
  • Tether has highlighted strong recent profits and large reserves, including bitcoin and gold, while pursuing a U.S.-focused token and new American leadership.