Tether plans $20 billion financing, tokenization of stocks becomes a new option

【BlockBeats】Something interesting has happened. Tether is planning a major move—aiming to raise up to $20 billion through a stock issuance.

According to multiple insiders, the management team of this stablecoin giant is considering several options. In addition to traditional fundraising, they also plan to store the company’s equity on-chain in the form of tokens after the stock transaction is completed—essentially tokenizing the stocks.

Interestingly, there is some behind-the-scenes competition. Previously, at least one existing shareholder attempted to sell their shares at a price far below the company’s $500 billion valuation, but was stopped by Tether’s management. The management’s reasoning is pragmatic: the shareholder’s sell-off could undermine market confidence and affect the smooth progress of this massive financing.

This move reflects the financing pressures Tether faces during its rapid expansion, and also reveals their interest in Web3 innovations like stock tokenization—a relatively new concept in traditional finance.