Stablecoin giant Tether is exploring whether to tokenize its shares after completing a round of plans to raise up to $20 billion and sell shares with a target valuation of about 500 billion US dollars. According to reports, the company currently has no plans to allow existing shareholders to sell shares in this major round of financing, which means that these investors may need other ways to obtain liquidity before the final IPO. Tether has also yet to give a launch schedule.

Stablecoin giant Tether is exploring whether to tokenize its shares after completing a round of plans to raise up to $20 billion and sell shares with a target valuation of about 500 billion US dollars. According to reports, the company currently has no plans to allow existing shareholders to sell shares in this major round of financing, which means that these investors may need other ways to obtain liquidity before the final IPO. Tether has also yet to give a launch schedule.