SoftBank Group and Ark Investment participate in Tether Holdings’ private fundraising, aiming to raise $15-20 billion, as reported by Bloomberg. This could elevate Tether’s valuation to $500 billion, impacting the stablecoin market significantly. Tether Holdings is in the process of privately placing 3% of its shares, aiming for $15 billion to $20 billion. SoftBank and Ark Invest Linked to Tether Fundraising. The successful completion of this fundraising initiative could see Tether’s valuation soar to $500 billion, a figure that would notably place it among the most valuable companies in both the crypto industry and broader private markets.