Over the past year, Cantor Fitzgerald strengthened its partnership with Tether, the world’s largest stablecoin issuer, by acquiring a 5% ownership stake. The deal, worth up to $600 million ...
The 5% stake was reportedly valued at $600 million when the agreement was made, WSJ said in the Nov. 24 report, citing information from business associates familiar with the matter.
That $7.50 is the same price per share Tether is paying for its stake. "I truly believe Tether is the perfect partner that can put a rocket pack on the back of Rumble as we prepare for our next ...