Home
News
Details

Tether Eyes $20 Billion Raise at $500 Billion Valuation

iconCryptoTicker
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Tether is reportedly planning a $20 billion fundraising round, which could value the firm at $500 billion, per Bloomberg. The stablecoin giant is exploring tokenized equity as a structure, using its Hadron platform to represent blockchain-based assets. Tether has also reportedly rejected a secondary sale at a lower valuation, aiming to control pricing. The move could shape the future of tokenized equity markets. What is tokenized equity? It refers to blockchain-based shares that represent ownership in a company.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.