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At Close: Jun 03, 2026
Tether's investment in Canada's Elemental Altus Royalties follows the company's strategy to “integrate long-term, stable assets such as gold and Bitcoin in its ecosystem.”
Tether has taken a new step in its long-term strategy of diversifying outside its primary stablecoin issuance business. On June 12, the USDT stablecoin issuer disclosed that it acquired an equity stak
Tether Investments recently acquired 31.9% of Elemental shares from La Mancha investments in a private deal. Elemental is a gold mining firm listed in Canada.
Stablecoin issuer Tether's investment arm has taken a minority stake in Elemental Altus (ELE), a publicly-listed precious metals investment company.
Tether Investments' approximate 31.9% stake in Elemental is worth around $89 million at an acquisition price of $1.14.
USDT stablecoin issuer Tether announced purchasing a massive 32% stake in Canada-based Gold mining firm Elemental Altus Royalties Corp, as part of the company's latest hedge and diversifying it invest
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SBI Holdings has made a $50 million investment in Circle (CRCL) following its successful IPO listing on NYSE.
Tether CEO Paolo Ardoino has expressed concerns about the management of Juventus Football Club. The stablecoin issuer, which recently increased its stake in the Italian Serie A club to more than 10%,
Global asset management heavyweight BlackRock is reportedly preparing to acquire a 10% stake in Circle's upcoming initial public offering, marking another strategic step into the digital asset sector.
BlackRock's planned investment in Circle signals major institutional backing.
BlackRock Inc. is reportedly considering acquiring approximately 10% of the shares in Circles upcoming initial public offering (IPO), according to Bloomberg sources. Circle, the issuer of the USDC sta

BlackRock eyes 10% stake in Circle IPO: report

02:53pm, Wednesday, 28'th May 2025
BlackRock Inc. is planning to acquire roughly 10% of the shares in Circle Internet Group Inc.'s upcoming initial public offering, according to Bloomberg reporting.
BlackRock and Circle IPO: BlackRock has moved to buy roughly 10 % of Circle's planned $624 million offering, deepening ties with the USDC reserve fund it manages. Interest from Ark Invest and oversubs
BlackRock plans to acquire approximately 10% of the shares offered in Circle's initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its sha
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