Best Crypto to Buy Now Before Tether Goes Public in Potential $500B Raise
Crypto heavyweight Tether is reportedly in early-stage discussions to raise between $15-20B in a private equity round, offering about 3% of its equity. If successful, the deal could peg the company’s valuation at nearly $500B, placing it among the world’s most valuable private firms alongside names like OpenAI and SpaceX, and joining elite company at […]
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Tether, the company behind the widely used stablecoin $USDT, is taking its next major step in the U.S. market. The firm has announced plans to roll out a new dollar-backed stablecoin called $USAT, designed to be fully compliant with U.S. regulations. And despite its expansion plans, the company has made one thing clear: it will remain a private enterprise. Navigating New Regulations The GENIUS Act clarified the US stablecoin landscape, and Tether is wasting no time in taking advantage. The law requires stablecoins issued domestically to be: backed by high-quality, liquid, U.S.....
Unlike most blockchain gaming fundraises, this one offers equity in the company and future profit-sharing. Exordium, the publisher of the upcoming sci-fi strategy game Infinite Fleet, has announced a public security token offering, or STO, on the STOKR platform, starting Jan. 18.The $8 million sale to raise funds for the long-touted blockchain-powered MMO (or massive multiplayer online game), is being led by a $1 million investment from Tether International, the issuer of the largest stablecoin Tether (USDT).The public portion of the STO will have a hard-cap of $1 million and be limited to....
Almost 90% of West Coast Aquaculture's $3.6 million capital raise was via the stablecoin tether.
The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether Inclusion Complements Polkadot’s Efforts to Attract More Defi Applications With cryptocurrency once again on the ascent and the aggregated market capitalization nearing $2 trillion, tether (USDT) is increasingly playing an outsized role in many of the ecosystem’s activities. Since emerging as the stablecoin of choice for many participants and applications alike, Tether’s market....