SoftBank and Ark Invest Linked to Tether’s Multibillion-Dollar Fundraising Talks
Tether, the issuer of the world’s largest stablecoin USDT, is reportedly holding discussions with SoftBank and Cathie Wood’s Ark Invest about participating in a multibillion-dollar funding round.
According to Bloomberg, the two investment firms are among a group of high-profile backers exploring whether to provide capital in what could become Tether’s biggest external raise to date.
The talks center around a potential effort to secure up to $20 billion at a valuation of about $500 billion, a level that would position Tether alongside some of the most valuable private companies in the world, including OpenAI and SpaceX.
If completed, the round would mark a milestone for the broader crypto industry, highlighting institutional appetite for the stablecoin sector.
Neither Tether nor the potential investors have confirmed their participation, and sources noted the discussions remain preliminary.
Still, the reported involvement of technology-focused financiers like SoftBank and Ark underscores how stablecoins are evolving from a niche crypto product into a cornerstone of global digital finance.

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