Tether Considers Tokenizing Stock Amid $20 Billion Fundraise: Bloomberg
Yahoo Finance·2025-12-13 00:58
Stablecoin issuer Tether may tokenize its stock after taking action to prevent investors from selling equity in the crypto giant, Bloomberg News reported on Friday. The private company’s executives are weighing tokenized representations of its shares as a way to provide liquidity to Tether’s investors, as well as buybacks, according to people familiar with the matter. Meanwhile, Tether is trying to raise 500 billion valuation, the publication said. A shareholder, which Bloomberg couldn’t ...