ME news, December 12 (UTC+8), Tether plans to raise up to $20 billion through a stock issuance and will consider tokenizing the stock after the completion of the stock sale. Sources revealed that Tether executives are exploring various options, including stock buybacks, and after the transaction is completed, they will store the company's stock digitally on the blockchain through tokenization. It was revealed that at least one existing shareholder had previously planned to sell shares at a price far below the company's $500 billion valuation, but Tether intervened to stop this plan. Sources indicated that Tether's management is concerned that existing investors' selling behavior could impact its massive financing. Due to the confidential nature of the information, these individuals requested anonymity. One insider stated that the company currently has no plans to allow existing shareholders to sell shares in this round of primary financing. According to one source, Tether's investor Blockchain Capital had considered selling part of its shares before the announcement of Tether's financing plans but later decided to abandon this idea. The source also added that Tether's management did not attempt to stop Blockchain Capital from selling its stock. (Source: ME)