• Tether explores $20B raise at $500B valuation, aiming to expand its influence.
• Expansion includes AI, media, energy, and plans for a US-regulated stablecoin.
• Talks are preliminary, with valuation and deal size dependent on investor demand.

Tether Holdings is in talks with investors to raise $20 billion through a private placement offering approximately 3% of the company. The potential deal could value the world’s largest stablecoin issuer at around $500 billion, placing it among the most valuable private companies globally alongside OpenAI and Elon Musk’s SpaceX.

The El Salvador-based company seeks between $15 billion and $20 billion in new equity rather than existing investor stake sales, with Cantor Fitzgerald serving as lead adviser. However, sources familiar with the matter caution that these figures represent top-end targets and actual amounts could be lower a…

Read The Full Article Tether Targets $20B Raise at $500B Valuation, Expansion Beyond Crypto Planned On Coin Edition.

• Tether explores $20B raise at $500B valuation, aiming to expand its influence.
• Expansion includes AI, media, energy, and plans for a US-regulated stablecoin.
• Talks are preliminary, with valuation and deal size dependent on investor demand.

Tether Holdings is in talks with investors to raise $20 billion through a private placement offering approximately 3% of the company. The potential deal could value the world’s largest stablecoin issuer at around $500 billion, placing it among the most valuable private companies globally alongside OpenAI and Elon Musk’s SpaceX.

The El Salvador-based company seeks between $15 billion and $20 billion in new equity rather than existing investor stake sales, with Cantor Fitzgerald serving as lead adviser. However, sources familiar with the matter caution that these figures represent top-end targets and actual amounts could be lower a…

Read The Full Article Tether Targets $20B Raise at $500B Valuation, Expansion Beyond Crypto Planned On Coin Edition.