Tether Scales Back $20B Funding Push After Investor Resistance: Report
In brief
Tether has scaled back plans for a $15-$20 billion raise after investor pushback, with advisers now discussing as little as $5 billion.
CEO Paolo Ardoino says the company is highly profitable and insiders are reluctant to sell equity, limiting how much could be raised.
The
Decrypt·02-04 14:35

