Cantor Fitzgerald is pushing Tether to raise about $15 billion from investors.

Jinse Finance reported that the American financial services company Cantor Fitzgerald is pushing Tether Holdings to raise approximately $15 billion from investors, with a valuation as high as $500 billion, comparable to OpenAI. A year ago, Cantor Fitzgerald purchased convertible bonds worth over $600 million, acquiring a 5% stake in Tether. If Tether achieves its fundraising target, Cantor's stake could be worth $25 billion.