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SoftBank and Ark Eye Stake in Tether at $500B Valuation: Bloomberg
Tether is reportedly entertaining talks with SoftBank and Ark Invest on a funding round that will value it at $500B.
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Crypto stablecoin issuer Tether is in discussions with SoftBank Group Corp. and Ark Investment Management about a fresh funding round that would cement its position among the globe’s most valuable private firms, Bloomberg reported Friday.
What’s the Scoop?
- Big-Name Investors: Japanese financial conglomerate SoftBank and Cathie Wood’s Ark Invest are in early-stage talks to participate in the raise, according to people familiar with the matter.
- Fundraising Size: Tether is seeking between $15B–$20B in fresh capital through a private placement offer in exchange for roughly 3% of company equity.
- Sky-High Valuation: If completed, the deal would value Tether at $500B, placing it in the same tier as venture giants like SpaceX and OpenAI.
SoftBank and Ark are among potential investors in a major funding round that could cement Tether’s status as one of the world’s largest private companies https://t.co/LEx5krbXUa
— Bloomberg (@business) September 26, 2025