Cantor Fitzgerald to Acquire 5% Stake in Tether

Cantor Fitzgerald is in talks to acquire a 5% stake in Tether, for $600 million, which would reflect a valuation of $12 billion for the stablecoin issuer. Cantor Fitzgerald’s investment in Tether would not only provide significant financial resources, but would also strengthen Tether’s position in the cryptocurrency market, especially as the company actively cooperates with regulators to maintain transparency and compliance.

Tether’s value is also important due to its role as a holder of U.S. Treasury bills, with a large portion of the company’s reserves managed by Cantor Fitzgerald. Changes in the regulatory and economic environment, such as the upcoming presidential election and U.S. policy toward cryptocurrencies, could also impact Tether’s growth after the deal is completed. Cantor Fitzgerald's close relationship with the US government could provide Tether with a solid foundation to grow further in an increasingly competitive market.