Cantor Fitzgerald is pushing Tether to raise about $15 billion from investors
2025-10-16 22:38
According to Odaily Planet Daily, US financial services firm Cantor Fitzgerald is pushing Tether Holdings to raise approximately $15 billion from investors, valuing the company at $500 billion, comparable to OpenAI. A year ago, Cantor Fitzgerald purchased convertible bonds for over $600 million, acquiring a 5% stake in Tether. If Tether meets its fundraising target, Cantor's stake could be worth $25 billion.
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