Tether Lowers Funding Target to $5 Billion Following Investor Resistance to $500B Valuation
Tether has reportedly lowered its fundraising ambitions to $5 billion after potential investors expressed reluctance to a staggering $500 billion valuation. The revised figure marks a significant retreat from previous internal discussions that suggested a funding round between $15 billion and $20 billion. Chief Executive Paolo Ardoino recently downplayed the ...
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