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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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Tether Targets a $500B Valuation with Major Share Sale Plan

Tether plans to raise up to $20 billion in a new share sale that would value the company at about $500 billion, cementing its status as one of crypto’s most valuable firms. To keep investors liquid after the deal, it is exploring share buybacks and potentially tokenizing its equity to create on-chain exit options. Tether earlier blocked some existing shareholders from selling at a steep discount that implied a much lower $280 billion valuation, signaling tight control over its pricing.

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