Cantor Fitzgerald is pushing Tether to raise about $15 billion from investors
2025-10-16 22:35:50
Cantor Fitzgerald, the US financial services company, is pushing Tether Holdings to raise about $15 billion from investors at a valuation of up to $500 billion, the equivalent of OpenAI. A year ago, Cantor Fitzgerald bought convertible bonds for more than $600 million, taking a 5 per cent stake in Tether. If Tether hits its fundraising target, Cantor's stake could be worth up to $25 billion.
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