Capital · investorpartly verified
Tether
Stablecoin issuer turned investor, El Salvador · Outside the United States
- Founded
- 2014
- Entered
- 2014
- Status 2026
- Active
- Metro
- Outside the United States
- Embeddedness
- 2 connections
- Confidence
- partial · strongest source other web
Method
Tether, issuer of the USDT stablecoin, deploys profits into creator platforms, investing a reported 775 million dollars in Rumble in December 2024 and 200 million dollars in Whop in February 2026 at a 1.6 billion dollar valuation. The Rumble figure is from press reports.
People: Paolo Ardoino
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The path: money and goods moving
- invested inRumbleRumble announces a 775 million dollar strategic investment from Tether on December 20, 2024, disclosed in an SEC 8-K exhibit; the deal closes on February 7, 2025 with 250 million dollars of primary proceeds and a 525 million dollar self tender. (partly verified)2024
- invested inWhopTether invests 200 million dollars in Whop in February 2026 at a 1.6 billion dollar valuation.2026
Sources (other web): wearerockwater.com · en.wikipedia.org