Cathie Wood’s ARK and SoftBank eye stablecoin giant Tether
Yahoo Finance·2025-09-26 20:06
SoftBank Group and ARK Invest could be potential investors in a major funding round at the largest stablecoin issuer, Tether, Bloomberg Law reported on Sep. 26. The tech-focused investors are among several high-profile financiers who are eyeing an investment in the stablecoin giant, the publication cited sources familiar with the matter to report. Tether seeks 20B Founded in 2014, Tether is one of the world's largest crypto companies. In 2017, it launched a stablecoin called USDT. A stablecoin is ...