{"id":11904,"date":"2025-09-26T19:51:05","date_gmt":"2025-09-26T19:51:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/softbank-ark-seek-to-join-tethers-20b-funding-round-bloomberg\/"},"modified":"2025-09-26T19:51:09","modified_gmt":"2025-09-26T19:51:09","slug":"softbank-ark-seek-to-join-tethers-20b-funding-round-bloomberg","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/softbank-ark-seek-to-join-tethers-20b-funding-round-bloomberg\/","title":{"rendered":"SoftBank, Ark seek to join Tether\u2019s $20b funding round: Bloomberg"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">SoftBank Group and Ark Investment Management are looking to join Tether Holdings\u2019 latest major funding round, a deal that could catapult the stablecoin giant to the top of the list of cryptocurrency companies.<\/p>\n<div id=\"cn-block-summary-block_5753e8dcc55d166f93334a9076fd89b6\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>SoftBank, Ark Investment are among top firms looking to join Tether\u2019s upcoming major funding round, according to Bloomberg.<\/li>\n<li>Tether is eyeing a funding round of up to $20 billion at a $500 billion valuation.<\/li>\n<li>The USDT issuer seeks to bolster its expansion via initiatives including artificial intelligence and energy<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>SoftBank and Ark, according to Bloomberg, have initiated talks over the funding round and are keen on backing Tether Holdings SA.<\/p>\n<p>The round, sources say, is significant and could value the USDT issuer as high as $500 billion. In this case, the investment could elevate Tether into the bracket of the world\u2019s most valuable private companies.<\/p>\n<p>According to the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/news.bloomberglaw.com\/business-and-practice\/softbank-ark-in-talks-to-invest-in-tethers-major-funding-round\" target=\"_blank\" rel=\"nofollow\">report<\/a>, Tether is eyeing a private placement for $15\u2013$20 billion in exchange for about 3% of the company. Funds would go toward bolstering the stablecoin giant\u2019s expansion efforts, including initiatives in artificial intelligence and energy.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Tether is the \u201cStable Company\u201d<\/h2>\n<p>Plans for a mega funding round comes on the back of Tether appointing Benjamin Habbel as its new chief business officer. Habbel, the co-founder and CEO of private equity firm Limestone Capital, will lead Tether\u2019s organizational growth, as well as the company\u2019s finance, investments, and portfolio expansion efforts.<\/p>\n<p>Tether also recently announced its plans for USAT, a U.S.-regulated stablecoin earmarked for U.S. customers and expected to launch by year-end. Former White House crypto official Bo Hines is Tether USAT\u2019s chief executive officer.<\/p>\n<p>Meanwhile, Tether (USDT), the company\u2019s flagship project, continues to see significant expansion.\u00a0<\/p>\n<p>In a recent <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/paoloardoino\/status\/1971142364833120486\">post on X<\/a>, Tether CEO Paolo Ardoino said his stablecoin \u201cis building the largest peer-to-peer network of money movement.\u201d He noted that daily wallet-to-wallet USDT transfers stand at over $17.4 billion, accounting for 130x growth since 2020.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTether isn\u2019t just a stablecoin company \u2013 it\u2019s <em>The Stable Company<\/em>. We\u2019re building resilient infrastructure, advancing financial sovereignty, and pioneering a future that\u2019s decentralised, resilient, stable, and powered by AI,\u2019 Ardoino added in a statement.<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group and Ark Investment Management are looking to join Tether Holdings\u2019 latest major funding round, a deal that could catapult the stablecoin giant to the top of the list&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11904"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11904\/revisions"}],"predecessor-version":[{"id":11906,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11904\/revisions\/11906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11905"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}