According to a Schedule 13D filing submitted by Antalpha to the U.S. SEC on April 20 (UTC+8), Tether and several of its subsidiaries, along with its Chairman Giancarlo Devasini, have collectively acquired 1.95 million shares of Antalpha’s common stock, representing 8.2% of the company’s total post-IPO shares. The filing indicates that Antalpha’s IPO offering price was $12.80 per share, with approximately 3.82 million shares issued; Tether effectively subscribed to about half of the shares offered in the IPO. (Source: Foresight News)
Tether subsidiaries and executives acquire 8.2% stake in Antalpha
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Summary
Tether subsidiaries and chairman Giancarlo Devasini purchased 1.95 million Antalpha shares, representing 8.2% of the company post-IPO. The IPO was priced at $12.80 per share, with Tether acquiring approximately half of the IPO offering. Market observers suggest this move could impact the Fear & Greed Index. As altcoins to watch attract attention, such strategic investments may signal shifting capital flows.
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