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SoftBank and Ark Invest Eye Tether's $20 Billion Funding Round
CryptocurrencyTetherUpdated 4 hours ago

SoftBank and Ark Invest Eye Tether's $20 Billion Funding Round

SoftBank and Ark Invest are reportedly looking to participate in Tether's $20 billion funding round, aiming for a 3% equity stake. This investment could boost Tether's valuation to $500 billion, reflecting increasing interest in stablecoins and their role in the cryptocurrency market. The involvement of major financial players like SoftBank and Ark Invest signals confidence in the future of digital currencies and strengthens Tether's market position.

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Tether’s mega fundraise draws top investors as it expands beyond yield income
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Tether’s mega fundraise draws top investors as it expands beyond yield income
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Tether is making headlines as it attracts major investors like SoftBank and ARK, potentially valuing the stablecoin issuer at a staggering $500 billion. This move is significant as Tether expands its offerings beyond just yield income, indicating a strategic shift that could reshape the cryptocurrency landscape. Investors are keenly watching how this diversification will impact the market and Tether's position within it.
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Tether, the largest stablecoin issuer, is in talks with major firms like SoftBank and Ark Invest for a funding round that could raise between $15 billion and $20 billion. This investment could elevate Tether's valuation to an impressive $500 billion, highlighting the growing confidence in the stablecoin market. Such a significant capital influx would not only strengthen Tether's market position but also reflect the increasing institutional interest in cryptocurrencies.
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SoftBank, Ark seek to join Tether’s $20b funding round: Bloomberg
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SoftBank Group and Ark Investment Management are eyeing a significant opportunity to join Tether Holdings' latest $20 billion funding round. This move could potentially elevate Tether to a leading position among cryptocurrency companies, highlighting the growing interest and confidence in the stablecoin market. As major players like SoftBank and Ark get involved, it signals a positive trend for the future of digital currencies.
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SoftBank and Ark Invest reportedly join Tether’s $20 billion funding round
CryptoSlate6 hours ago
SoftBank and Ark Invest reportedly join Tether’s $20 billion funding round
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SoftBank and Ark Invest are reportedly in talks to join Tether's significant funding round, aiming to raise between $15 billion and $20 billion for a 3% equity stake. This move could elevate Tether's valuation to $500 billion, highlighting the growing interest in stablecoins and their potential impact on the cryptocurrency market. Such investments not only bolster Tether's financial standing but also signal confidence from major players in the future of digital currencies.
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Softbank, Cathie Wood's Ark Among Potential Investors in Tether Fundraising: Report
CoinDesk7 hours ago
Softbank, Cathie Wood's Ark Among Potential Investors in Tether Fundraising: Report
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Tether, the issuer of the USDT stablecoin, is reportedly seeking to raise up to $20 billion, potentially valuing the company at an impressive $500 billion. This move could position Tether among the most valuable private companies globally, attracting significant interest from major investors like Softbank and Cathie Wood's Ark. This fundraising effort is crucial as it highlights the growing confidence in stablecoins and their role in the financial ecosystem.
Read full article
via CoinDesk

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