Tether Gears Up For IPO: CEO Calls $500 Billion Valuation "Very Cheap"
Tether is preparing for a potential Initial Public Offering (IPO), according to CEO Paolo Ardoino, who stated that a $500 billion valuation for the company is "very cheap." This bold claim is anchored by the company’s massive financial success, including its projected $15 billion profit for 2025.
An IPO by a crypto giant of this scale would be a landmark event, bridging the Web3 ecosystem with mainstream financial markets. This move is expected to inject significant traditional capital into the digital asset space, reflecting institutional confidence in the scalability and long-term viability of the stablecoin sector.