Tether Reviewing Early Raise Talks At A $500B Valuation
Tether Reviewing Early Raise Talks At A $500B Valuation. Photo By Adi Goldstein On Unsplash.
Tether is reviewing to raise more capital from investors at a $500B valuation to further scale its global operational activities, according to Reuters.
The company has recently completed a series of acquisitions and ventures geared to a number of differrent industries alongside its stablecoin issuance, with AI, open-source software, neurotech, energy and telecom infrastructure parts of the strategy for growth.
CEO of Tether Paolo Ardoino has made a statement on X:
Note: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
This article has been partly researched and aggregated with the help of AI and does not pertain to be an exclusive story unless marked as such. For specific sources referenced, please find it below.