Tether Seeks $20 Billion Investment: Shakeup in the Crypto World?

Tether Holdings Seeks $20 Billion in Funding

Tether Holdings, the world's largest stablecoin company, is in talks to raise up to $20 billion from investors. The move has the potential to make Tether one of the world's most valuable private companies.

High Valuation Through Private Share Sales

The El Salvador-based company is seeking between $15 billion and $20 billion in exchange for about a 3% stake, according to two sources familiar with the matter. However, another person involved in the process noted that these targets are upper limits and that the total investment could ultimately be lower. Talks are still in the early stages and investment details are subject to change.