On September 24th, Tether sought to raise up to $20 billion at a valuation of $500 billion, according to the latest valuation of Tether, after Wall Street bond trading giant Cantor Fitzgerald spent $600 million to acquire a 5% stake in Tether, which is currently worth $25 billion and received about 41.6 times the income.
Previously reported, on November 24, 2024, according to the Wall Street Journal, Cantor Fitzgerald will acquire a 5% stake in Tether for $600 million, and the current US Secretary of Commerce Howard Lutnick, who served as CEO of Cantor Fitzgerald, will transfer all his shares in Cantor Fitzgerald to his children and outside investors in accordance with government ethics regulations.
Analysis: According to Tether's latest valuation, Cantor Fitzgerald's 5% stake earned more than 41 times
2025-09-24 01:47:15
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析：按Tether最新估值，Cantor Fitzgerald持有的5%股权获超41倍收益Next article：
美国现货比特币ETF昨日净流出1.04亿美元
