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 ...
Flush with cash, Tether's owners have signaled they intend to make investments outside of crypto and, on Friday afternoon, followed up by announcing the company has taken a large stake in Rumble ...