Tether seeks to raise capitalization on USD $ 500,000 million with a new investment round: Bloomberg


By Angel di Matteo @Shadowargel

The goal for Tether It is to capture up to USD $ 20,000 million through the sale of shares, and thereby raise its capitalization on USD $ 500,000, according to a report published by Bloomberg

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  • Tether I would be negotiating with investors to lift between USD $ 15,000 and USD $ 20,000 million.
  • The operation would place the station of USDT Among the most valuable private ones.
  • Singer Fitzgerald leads the advice and could multiply the value of its participation.

Tether, The stablecoin station USDT Based in El Salvador, it would be in conversations to raise between USD $ 15,000 million and USD $ 20,000 million through the sale of new shareholding, according to a report published by Bloomberg. The company’s objective would be to achieve an assessment of USD $ 500,000 million, positioning themselves with private giants such as OpenAI and Spacex

According to two anonymous sources cited by Bloomberg, The operation would contemplate the placement of approximately 3% of the capital of Tether In the hands of new investors. A third source warned that the figures represent maximum objectives and that the final amounts could be significantly lower if the expected interest is not concretized.

The company maintains a dominant position in the Global Stablecoins market, with a USD $ 172,000 million in Takens USDT in circulation. In addition, he recently announced his intention to launch a stablecoin linked to the US dollar for the North American market, an initiative led by its new subsidiary in the United States. Bo hnes, CEO of that unit, declared a conference in Seoul that “The company has no plans to raise capital” at the moment.

According to the sources consulted by Bloomberg, The transaction would involve exclusively new issuance of shares and not the sale of shares by current shareholders. This means that fresh capital would be used to reinforce the operations and expansion plans of Tether, instead of becoming liquidity for previous partners.

Fitzgerald singer and his role in negotiation

Bloomberg He informed that Fitzgerald singer It acts as the main advisor of the potential agreement. Until recently, this firm was chaired by Howard Lutnick, former Secretary of Commerce of President Donald Trump. Last year, The Wall Street Journal revealed that the company had secured 5% participation in Tether valued at USD $ 600 million.

Yeah Tether It manages to specify the valuation of USD $ 500,000 million, that same 5% participation could be fired up to USD $ 25,000 million. This scenario would transform Fitzgerald singer in one of the most relevant beneficiaries of the financial expansion of the station of USDT

Competition in the Stablecoin market

Circle Internet Group, stablecoin station USDC, He is the closest rival of Tether. It currently has an offer of USD $ 74,000 million in tokens backed by dollars and its stock market valuation after getting the USD $ 30,000 million, according to market data. The difference in magnitude between both stations reflects the dominant position of Tether in the crypto ecosystem and its potential for future growth.

Tether It has been considered by analysts in the sector as one of the most profitable companies in the field of cryptocurrencies. During the second quarter of this year, the company reported a net profit of USD $ 4.9 billion, a figure that supports the confidence of investors and its ability to maintain stable operations on a large scale.

Implications for the crypto and financial market

The possible capitalization of Tether It would have significant effects both in the Stablcoins industry and the broader financial market. An assessment of half a billion dollars would place the company at a level comparable to that of the largest traditional banks, reinforcing the perception that stable cryptocurrencies have gone from niche instruments to key pieces in global finances.

Also, this movement could trigger new rounds of investment and competition in the sector. Yeah Tether achieves its objective, pressure on other emitters to expand your reserves, increase your transparency and seek financing will grow proportionally.


Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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