Tether Eyes $20B Fundraising, Tokenizing Company Stock
Update: 2025-12-12
Description
Tether, the company behind USDT stablecoin, may tokenize its stock to provide investors with more selling options, potentially through digital tokens or stock buybacks. The company is reportedly seeking a twenty billion dollar raise, aiming for a five hundred billion dollar valuation. Tethers management is concerned about a shareholders attempt to sell at least one billion dollars worth of equity at a lower valuation, which could impact their fundraising efforts. Tethers closest competitor, Circle, went public in June with a valuation of six point nine billion dollars.
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