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At Close: Jul 13, 2026
Tether stake sale by ex-CIO Richard Heathcote tests private liquidity as USDT nears $184B and stablecoin market cap dips to $312B. What it may signal.
Bloomberg reported that Richard Heathcote, Tether's former chief investment officer, is seeking buyers for part of his 1.26% stake in the stablecoin issuer. The planned sale is being handled with inve
The sale could set a valuation benchmark for Tether, influencing future fundraising, regulatory scrutiny, and competitive dynamics in crypto. Former Tether investment chief seeks to sell 1% stake in U
The sale's valuation will reveal market sentiment on Tether's regulatory risks and growth, impacting confidence in stablecoin-related assets. Former Tether investment chief seeks to sell 1% stake in t
Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.
Former Tether CIO Richard Heathcote is seeking buyers for part of his 1.26% stake in the firm, according to Bloomberg.
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.
The sale highlights potential shifts in Tether's market dynamics, raising questions about transparency and regulatory impacts on its valuation. Tether's former CIO plans sale of stake in stablecoin gi
Polygon's USDC reliance on Stake.com highlights potential risks of centralization and vulnerability, impacting network stability and investor confidence. Stake.com accounts for nearly 25% of Polygon's
Why does BitMine keep buying Ethereum while Strategy stops buying Bitcoin? Tom Lee demonstrates his unwavering confidence with an additional $43 million investment.
Bitcoin sinks to a fresh 2026 low as the selloff drags on. Kraken makes a major move into DeFi.
Kraken has entered discussions to acquire a 15% stake in decentralized finance lending protocol Aave through its parent company Payward, in a deal that values the protocol at $385 million.
The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.
Tether's SEC filing shows a 19.7% beneficial ownership stake in Bitdeer after a partial share sale and affiliate transfer.
Ripple reportedly bought a stake in Flutterwave at a $3.3 billion valuation, though stake size, cash consideration, closing status, and structure remain undisclosed. Flutterwave's African payment netw
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