Tether in Talks for $20B Raise at $500B Valuation

Tether is in talks to raise 15–20 billion in a private placement for 3% equity, which would value the company at 500 ￰0￱ Fitzgerald is ￰1￱ talks are preliminary and terms could ￰2￱ reported 4.9 billion profit in Q2 2025 from recurring income and gains on bitcoin and ￰3￱ disclosed 127 billion in ￰4￱ and a USDT supply exceeding 157 billion. Tether’s CEO said the firm has no plans to go public and will remain ￰5￱ completed, the raise would make Tether one of the most valuable private companies ￰6￱ will depend on execution, audits, investor checks, and regulatory review.