Could Tether become one of the Most Valuable Private Startup in the World? đ°đđ€Ż Crypto news and key statistics summarized in 90 seconds every weekday on @NiftyNoonNFTâŹïž: Nifty Thought: Tether Holdings, the issuer of the worldâs largest stablecoin USDT, is reportedly in talks with investors for a monumental fundraising round. The firm is seeking to raise between $15 billion and $20 billion in a private placement for roughly a 3% stake. If successful, this deal would propel Tether to a staggering valuation of around $500 billion, placing it in the same elite category as private tech giants like OpenAI and SpaceX. The investment bank Cantor Fitzgerald is said to be advising on the potential deal, which could close by the end of the year. This move underscores Tetherâs immense profitability and dominant market position; the company reported a net profit of $4.9 billion in the second quarter of 2025 alone. A $500 billion valuation would significantly dwarf that of its closest...
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