Cantor Fitzgerald’s $600 Million Deal for Tether Stake Raises Eyebrows
Recent reports confirm that Cantor Fitzgerald has agreed to acquire a 5% stake in Tether for an impressive $600 million. This news comes shortly after Cantor Fitzgerald’s CEO Howard Lutnick’s appointment as President-Elect Donald Trump’s Secretary of Commerce. The acquisition postures Cantor Fitzgerald as an influential player in the cryptocurrency industry. Observers wonder about the ramifications of this deal on Tether’s market position. Industry insiders speculated on the changes that could arise from this significant investment. The cryptocurrency community remains alert to further developments.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]