Tether Valued at up to $500,000,000,000 in Latest Capital Raise With Cantor Fitzgerald: Report
The stablecoin company Tether is reportedly in talks with investors to raise between $15 billion and $20 billion in a deal that could place the firm in the same league as the artificial intelligence (AI) titan OpenAI and Elon Musk’s aerospace company, SpaceX.
Citing two people familiar with the matter, Bloomberg reports that the issuer of the largest stablecoin by market cap is seeking additional capital in exchange for a roughly 3% stake through a private placement.
The sources say the transaction would involve new equity rather than the current investors selling their stakes. The financial giant Cantor Fitzgerald is also acting as the lead adviser.
The top end target of the deal could value the El Salvador-based crypto firm at around $500 billion, although a person involved in the process says the eventual numbers could be significantly lower.
The talks are still in the early stages and details of the proposed investment may still change, but the report says the prospective investors already received access to a data room to help them decide whether or not to participate in the fundraising. The parties expect to close the deal by the end of the year.
Tether CEO Paolo Ardoino says the additional funding will support the firm’s operations beyond stablecoins.
“Tether is evaluating a raise from a selected group of high-profile key investors, to maximize the scale of the Company’s strategy across all existing and new business lines (stablecoins, distribution ubiquity, AI, commodity trading, energy, communications, media) by several orders of magnitude.”
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Major Institutions Wager on Bitcoin’s Long-Term Potential as Expectations of Fed Rate Cuts Drive Surge to $93K
- Bitcoin surged to $93,000 on Nov 25, 2025, driven by 85% odds of a Fed 25-basis-point rate cut in December. - XRP rose 11% and Ethereum hit $2,900 as improved liquidity and macro sentiment fueled crypto optimism ahead of the Fed's Dec 10 meeting. - Institutional demand grew with Texas and Harvard investing in Bitcoin ETFs, while Abu Dhabi tripled its ETF holdings to $517.6 million. - Risks persist: ETF outflows, leveraged fund liquidations, and regulatory uncertainties offset gains, with derivatives posi
Ethereum Updates Today: MegaETH's $1 Billion Funding Failure Highlights Blockchain Scaling Challenges
- MegaETH canceled its $1B fundraising after technical failures caused unintended deposits and operational chaos during the pre-deposit phase. - KYC system errors and premature execution of a multisig transaction led to $500M in deposits, forcing the team to freeze the raise and abandon expansion plans. - Critics highlighted preventable engineering flaws, with 259 duplicate addresses raising concerns about bot activity and unfair allocation practices. - Despite backing from Vitalik Buterin and Joe Lubin, t
Ethereum News Update: Canton’s Privacy-Centric Approach Attracts Institutions Away from Public Blockchains
- Canton Network's tokenomics strategy prioritizes institutional adoption by avoiding ICOs and focusing on privacy and interoperability. - Its "need-to-know" privacy model enables regulated access to transaction data, aligning with KYC/AML frameworks while maintaining confidentiality. - Institutional backing, including $135M funding and Goldman Sachs integration, highlights Canton's appeal for enterprise blockchain solutions. - Canton's RWA TVL ($96 per $1 cap) outperforms Ethereum ($0.03), emphasizing its
Hyperliquid News Today: SEC Approval Ignites Triple Crypto Rally: ETFs, Cross-Chain Bridges, and Retail Frenzy
- Institutional investors are accelerating crypto adoption via Avalanche-based ETFs, with Bitwise’s 0.34% fee BAVA ETF offering staking yields and cost advantages over competitors. - Avail’s Nexus Mainnet bridges Ethereum and Solana ecosystems, streamlining cross-chain liquidity and reducing fragmentation through a unified network. - Retail hype drives Apeing’s presale as a potential 100x opportunity, leveraging meme coin dynamics and FOMO to attract speculative traders. - SEC’s evolving regulations and in
Trending news
MoreCrypto prices
More
