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Tether Seeks $20 Billion Investment, Valuation Hits $500 Billion

9/23/2025

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Summary

Story summary

Tether aims to raise up to $20 billion in a private placement, valuing the firm around $500 billion.
The offering targets roughly $15-20 billion for about a 3% stake, though figures may change.
Cantor Fitzgerald is the lead adviser for the deal.
Circle went public in June via a large initial public offering (IPO).

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Story summary

Tether aims to raise up to $20 billion in a private placement, valuing the firm around $500 billion.
The offering targets roughly $15-20 billion for about a 3% stake, though figures may change.
Cantor Fitzgerald is the lead adviser for the deal.
Circle went public in June via a large initial public offering (IPO).