Tether Eyes Blockchain Shares To Control Liquidity As $500B Fundraise Draws Scrutiny

Tether Holdings SA is weighing share tokenization and buybacks to control investor liquidity as it pursues a stock sale valuing the firm near $500 billion.

Tether Steps In To Block Discounted Share Sales

Bloomberg reported on Friday that Tether (CRYPTO: USDT) executives moved to halt plans by at least one existing shareholder to sell stock at a steep discount.

People familiar with the matter said one investor sought to offload at least $1 billion worth of shares, implying a valuation of about $280 billion, well below the level targeted in Tether’s fundraising.

Tether’s …

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