Rumble secures $775 million investment from Tether
Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform. As part of the deal, Tether will purchase 103,333,333 shares of Rumble Class A Common Stock at $7.50 per share.The video-sharing platform will allocate $250 million of the proceeds to growth initiatives, with the remaining funds supporting a self-tender...
