Bloomberg reporting that SoftBank and Arc Investment Management are among potential investors in a major funding round for Tether. Uh let's bring in now Katherine Doherty of Bloomberg News. She's in the finance team.Katherine, what are some of the numbers we need to know about here. So Bloomberg earlier reported, and this is following up on the news, that Tether is looking to raise between 15 and 20 billion in exchange for a 3% stake. This is valuing the company at 500 billion.This would cement Tether as on ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- Charles Schwab Corp. would like to give its retail investors more opportunities to take stakes in private companies as a growing number of firms become industry giants before going public, Chief Executive Officer Rick Wurster said. “There’s a lot more private companies today than there used to be, and fewer public companies, and so I do think it makes sense to think about providin ...