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Tether Considers Tokenizing Stock Amid $20 Billion Fundraise: Bloomberg
Summary by decrypt.co
3 Articles
3 Articles
Tether Plans $20 Billion Capital Raise Through Digital Stock Tokens
Tether plans $20 billion fundraising by converting company shares into digital tokens. The move aims to provide liquidity to shareholders without affecting overall equity plans. USDT’s circulating supply jumps to $186 billion, solidifying Tether’s lead in stablecoins. Tether is considering transforming its shares in the company into digital tokens as it tries to control the selling of its equity among its existing investors, as reported by Bloom…
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