Fundraising

Tether Holdings SA, the issuer of the largest stablecoin, is in talks to raise $15-20 billion by offering a 3% stake, potentially valuing the company at around $500 billion. These negotiations highlight the growing importance of stablecoins in the crypto ecosystem.

Ego Death Capital has raised $100 million in its second fund to invest in software companies leveraging Bitcoin technology. Backed by family offices, the fund prioritizes long-term value creation in the Bitcoin ecosystem, funding firms like Roxom, Relai, and Breez. This move highlights a growing trend towards sustainable Bitcoin businesses and innovation beyond crypto speculation.