SoftBank and Ark Invest may participate in Tether's historic funding round

SoftBank and #ArkInvest are reportedly considering joining Tether's funding round of $15 to $20 billion, the world's largest USDT stablecoin issuer. This deal could push Tether's valuation to $500 billion, placing the company among the most valuable private enterprises in the world.

Opportunity to Change Position and Personal Wealth

The participation of major institutional investors like #SoftBank (a leading venture capital fund) and Ark Invest (the asset management company focused on technology innovation led by Cathie Wood) in Tether is a strong signal, affirming the role of stablecoins as core financial infrastructure.

If the funding round succeeds with a valuation of $500 billion, this will have a significant impact on the personal wealth of Tether's leaders. Specifically, Chairman Giancarlo Devasini could own assets worth up to $224 billion. With this figure, Mr. Devasini would become the 5th richest person in the world, surpassing Warren Buffett, highlighting the shift and speed of wealth creation in the crypto era. #anhbacong