Key Takeaways
- •Tether seeks up to $20 billion with institutional backing.
- •Valuation could reach $500 billion, impacting the crypto sector.
- •Major players include SoftBank and Ark Invest in talks.
Tether is reportedly aiming for a $15–20 billion funding round, involving major investors SoftBank Group and Ark Invest, potentially valuing the stablecoin issuer at up to $500 billion.
The involvement of these institutions could boost Tether’s credibility, significantly affecting the stablecoin market, due to their histories in disruptive tech and fintech investments.
Tether is reportedly pursuing a substantial $15–20 billion funding round. With major players like SoftBank Group and Ark Invest involved, the deal positions Tether for substantial financial growth in the crypto and fintech landscape.
SoftBank Group and Ark Invest are significant players, potentially investing in this round. This funding could elevate Tether’s valuation to $500 billion, marking a major shift in private capital raises within the sector.
The involvement of SoftBank and Ark Invest might bolster Tether's mainstream acceptance. As both firms have a history of supporting tech innovations, their participation could legitimize Tether for more regulated investments.
This round could significantly impact Tether's market credibility. The move aligns with its push for US regulatory compliance, particularly with recent stablecoin legislation, further impacting the digital asset market dynamics.
The funding is expected to have a ripple effect on USDT, impacting its use and trust across the crypto ecosystem. Assets like Ethereum and Bitcoin, which often use USDT, could see shifts in liquidity and market flows.
Historically, Tether has influenced stablecoin market share, and this round could reinforce its dominance. As seen with Paxos and Circle, major backing often uplifts liquidity, a potential outcome for Tether’s expansive raise.
No direct quotes available, but institutional discussions involve SoftBank Group and Ark Invest: Tether is reportedly in talks for a $15‑20 billion funding round, hinting at a substantial market validation and potential investment from major players in the industry. (source: Bloomberg)