Tether is in talks to raise 15–20 billion in a private placement for 3 % equity, which would value the company at 500 billion. Cantor Fitzgerald is advising. The talks are preliminary and terms could change. Tether reported 4.9 billion profit in Q2 2025 from recurring income and gains on bitcoin and gold. It disclosed 127 billion in U.S. Treasuries and a USDT supply exceeding 157 billion. Tether’s CEO said the firm has no plans to go public and will remain private. If completed, the raise would make Tether one of the most valuable private companies worldwide. Success will depend on execution, audits, investor checks, and regulatory review.
