Particle.news
Download on the App Store
22 ARTICLES
·
4h ago

Tether Weighs $15–$20 Billion Equity Raise That Could Value Firm Near $500 Billion

The reported private placement follows soaring profits to fund U.S.-focused expansion.

Image
Tether eyes $500B valuation - Will USDT’s dominance grow with a $20B raise?
Tether looking to raise up to $20b, bringing its valuation to $500b: bloomberg
Image

Overview

  • Tether is in early discussions to sell roughly 3% of new equity, with Cantor Fitzgerald advising, according to multiple reports.
  • Prospective investors have been given data-room access in recent weeks, and sources say a deal could be completed by year-end, though terms may change.
  • CEO Paolo Ardoino said the company is evaluating a raise, while U.S. executive Bo Hines publicly said there are no plans to raise money, highlighting conflicting signals.
  • Tether reported $4.9 billion in net profit in Q2 2025 and disclosed about $162.5 billion in reserves against $157.1 billion in liabilities, with USDT’s market cap near $172–173 billion.
  • The funding talks coincide with a U.S. push that includes a new US-regulated stablecoin (USAT) and a dedicated U.S. unit led by Hines.