Tether Scraps $20 Billion Funding Ambitions Due To Investor Opposition

Crypto giant Tether is reportedly encountering resistance in its latest fundraising efforts, prompting a significant rethink of how much capital it plans to raise.  According to people familiar with the discussions, investor pushback over the company’s ambitious $500 billion valuation has led advisers to consider a much smaller funding round, potentially as low as $5 […]