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Bloomberg: Tether's new round of financing receives investment from SoftBank and "Cathie Wood".
According to Huoxing Finance, Bloomberg reported that SoftBank Group and "Cathie Wood's" Ark Investment Management will participate in the latest financing plan of stablecoin issuer Tether Holdings. Previously, there were reports that Tether was seeking to privately place about 3% of its shares, with a financing amount of approximately 15 billion to 20 billion USD, and the company's valuation may increase to 500 billion USD.