Tether in talks to raise $20B as it eyes spot among most valuable private companies

Tether is looking to raise between $15 billion and $20 billion in private funding, aiming to lock in a valuation near $500 billion, according to Bloomberg. The El Salvador-based crypto giant is offering a 3% stake in the company, though discussions are still in early stages and final numbers could end up lower. If successful, […] source: https://www.cryptopolitan.com/tether-in-talks-to-raise-20b/