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Tether Poised to Join Ranks of World’s Most Valuable Private Companies
Yahoo Finance·2025-09-25 10:30

As cryptos including ether, solana and XRP slide this week, stablecoin issuer Tether is teeing up a major fundraising round, counting on investors’ continued faith in the space. Tether is seeking up to 20billioninanewfundraisinground,Bloombergreportedthisweek,whichwouldpushitsvaluationto20 billion in a new fundraising round, Bloomberg reported this week, which would push its valuation to 500 billion and make the stablecoin issuer one of the world’s most valuable private companies. CEO Paolo Ardoino later confirmed the company is in talks with investors, saying the raise would boost Tethe ...