SoftBank, Ark Are in Talks to Invest in Tether
Bloomberg Televisionยท2025-09-26 17:20
Bloomberg reporting that SoftBank and Arc Investment Management are among potential investors in a major funding round for Tether. Uh let's bring in now Katherine Doherty of Bloomberg News. She's in the finance team.Katherine, what are some of the numbers we need to know about here. So Bloomberg earlier reported, and this is following up on the news, that Tether is looking to raise between 15 and 20 billion in exchange for a 3% stake. This is valuing the company at 500 billion.This would cement Tether as on ...