Tether seeking up to $20B in new funding round at a valuation of $500B

Tether is pursuing talks with investors to raise between $15 billion and $20 billion for approximately 3% of its equity through a private placement, Bloomberg News reported on Sept. 23. The deal could position the crypto firm among the world’s most valuable private companies, with a valuation of around $500 billion source: https://cryptoslate.com/tether-seeking-up-to-20b-in-new-funding-round-at-a-valuation-of-500b/