2026-02-04 05:32:22

💰 According to FT, Tether has scaled back its planned $15,20 billion fundraising after investor pushback over a $500 billion valuation. Advisers are now discussing a raise as small as $5 billion. CEO Paolo Ardoino stated that the larger figure was only a maximum the company was willing to sell and that Tether would be comfortable not raising capital at all. The firm made about $10 billion in profit last year, mainly from $USDT reserve returns. #crypto

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