Tether CEO Paolo Ardoino has stated that the stablecoin issuer has no intention of launching an IPO, even after competitor Circle's recent public debut. He also considers a $515 billion valuation as potentially too low.
Tag: NYSE
Tether CEO Dismisses IPO Plans, Hints at Undervaluation Despite Circle’s Public Debut
Tether CEO Paolo Ardoino recently stated the stablecoin issuer has no intention of launching an IPO, even after Circle’s successful debut on the New York Stock Exchange. This decision raises questions about Tether’s valuation and future strategy.
Tether CEO Dismisses IPO, Suggests $515B Valuation ‘Bearish’ After Circle’s Public Debut
Tether CEO Paolo Ardoino publicly stated that the stablecoin issuer has no intention of pursuing an IPO, even after competitor Circle’s recent debut on the New York Stock Exchange. This decision sparks debate about Tether’s valuation and future strategy.
Tether CEO Dismisses IPO Plans, Suggests $515B Valuation is ‘Bearish’
Tether CEO Paolo Ardoino recently stated that the stablecoin issuer has no intentions of launching an IPO, even after competitor Circle debuted on the NYSE. He also hinted that a $515 billion valuation might underestimate Tether’s true worth.
Circle Goes Public, Trump Crypto Drama, and Security Warnings: Crypto News Roundup
A quick look at today’s crypto headlines: Circle’s successful NYSE debut, a Trump-related crypto cease-and-desist, and a security alert for crypto conference attendees.