🔥 Tether is preparing to sell shares – a stepping stone to tokenizing its own stock
Tether is conducting a large fundraising round, estimated at around $20B with a valuation of about $500B.
Notably, during this process, the company has prevented some shareholders from selling at a low price (valuation range ~$280B) to avoid negatively impacting the current valuation.
When the deal is completed, Tether plans to:
Tokenize shares → making share trading more flexible on the blockchain.
Buyback when needed → supporting liquidity for investors who want to exit.
Tether's goal is quite clear: to turn tokenization into a secondary market for its own shares — a very different move compared to traditional companies.