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Former Tether Chief Investment Officer Richard Heathcote Plans to Sell Small Stake in Tether

2026-07-07 00:25

Odaily Planet Daily News: Former Tether Chief Investment Officer Richard Heathcote is working with PJT Partners to sell a small portion of his stake in Tether. Heathcote stepped down as Tether's Chief Investment Officer in March this year and transitioned to an advisory role. Sources indicate the sale involves only part of his 1.26% stake. He is currently in discussions with potential buyers, but no potential valuation has been disclosed yet.