Tether Announces $775 Million Strategic Investment in Rumble to …
6 days ago · The investment includes a primary commitment of $250 million in cash, with Tether also supporting Rumble’s tender offer for up to 70 million shares at $7.50 per share, reinforcing the platform’s future growth initiatives. The total anticipated investment from Tether will be approximately $775 million or 103,333,333 shares of common stock.
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News - Tether.io
Dec 9, 2024 · Investment Highlights Shared Commitment to Innovation, Free Speech, and Future Growth December 20, 2024 – Tether, the largest company in the digital asset industry with more than 350 million users, announced today that it has entered into a definitive agreement to make a strategic investment of $775 million in Rumble (NASDAQ: RUM), a leading ...
Flush With Cash, Tether Has Got Microsoft, Google, and Amazon …
Aug 12, 2024 · Recently flush with cash, Tether is pushing into unfamiliar new fields, like AI. Ardoino’s ambitious plan is to mount a challenge to Microsoft, Google, and Amazon. Tether, which is incorporated...
Tether – Official Home of Tether
Nov 27, 2024 · December 17, 2024 — Tether, the largest digital asset company in the world, has invested in StablR, the European stablecoin provider, which seeks to accelerate adoption in the region. Tether’s investment into StablR signals its commitment to the European market and its support for leading, fully regulated stablecoins.
Tether Releases Q1 2024 Attestation: Reports Record-Breaking …
May 1, 2024 · “With the first attestation of 2024, Tether has demonstrated its unwavering commitment to transparency, stability, liquidity, and responsible risk management. As shown in this latest report, Tether continues to shatter records with a new profit benchmark of $4.52 billion, reflecting the company’s sheer financial strength and stability.
Tether plans to invest $2.5b to $3b in 2025 - Axios
Dec 18, 2024 · Tether, the world's largest stablecoin issuer expects to invest about $2.5 billion to $3 billion across five main areas in 2025, CEO Paolo Ardoino tells Axios. ... Driving the news: Tether is arguably the largest winner in the recent stablecoin boom and is using its fortunes to grow in and beyond crypto.
Tether Reports Record $2.85B Profit as Biggest Stablecoin ... - CoinDesk
Jan 31, 2024 · Stablecoin issuer Tether reported a "record-breaking" $2.85 billion of profits last quarter as its flagship token USDT neared a $100 billion market capitalization.
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Tether Supports Arcanum Capital's Fund II, Deepening Web3 …
1 day ago · Arcanum Capital ISA (“Arcanum Capital”) announced today that Tether, the issuer of the world’s largest stablecoin, has made a novel venture capital fund investment, into Arcanum Emerging ...