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Tether pursues aggressive dealmaking as wealth is expanding

Summary by Cryptopolitan

With $140 billion in stablecoins under its control and $7 billion in excess reserves, the crypto giant Tether is reportedly splashing cash on everything from AI to right-wing media. Flush with over $13 billion in profit from its US Treasury holdings, the company is on a mission to plant its flag beyond crypto and deepen its ties to the political elite now that Donald Trump is back in the White House. At Tether’s annual Plan B Forum in El Salvado…

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Cryptopolitan

Tether pursues aggressive dealmaking as wealth is expanding

15 days ago

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ADKhabar

Rumble Closes $775 Million Strategic Investment from Tether and Related Tender Offer

February 07, 2025 16:05 ET | Source: Rumble, Inc. LONGBOAT KEY, Fla., Feb. 07, 2025 (GLOBE NEWSWIRE) — Rumble (NASDAQ: RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, today announced the Company has closed its strategic investment of $775 million from Tether ($USDT) (“Tether”), the largest company in the digital assets […]

15 days ago

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