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.
Tag: Tether
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.
Tether Moves $3.9B in Bitcoin to Twenty One Capital: A Strategic Shift or Transparency Risk?
Tether and Bitfinex’s transfer of $3.9 billion in Bitcoin to Twenty One Capital raises questions about strategic alignment and the evolving debate around transparency in crypto.
Tether’s XAUt Goes Omnichain on TON: What This Means for Gold-Backed Crypto
Tether expands its gold-backed stablecoin XAUt to the TON blockchain using LayerZero’s technology. This move could impact the adoption and accessibility of tokenized gold.