Tether is looking to raise between $15 billion and $20 billion through a private placement, aiming for a valuation of around $500 billion. The fundraising, confirmed by CEO Paolo Ardoino, will focus on expanding Tether's business lines, including stablecoins and artificial intelligence, while positioning the company alongside major players like OpenAI and SpaceX.

Blockchain.com is in discussions to go public through a SPAC listing, with Cohen & Company Capital Markets advising the company. The potential valuation remains unclear, but Blockchain.com has experienced significant valuation changes over the years, raising funds at various levels amid market volatility. The move comes as more crypto companies seek public listings, indicating a growing trend in the sector.

Tether is in discussions to raise between $15 billion and $20 billion in a private placement, potentially valuing the company at approximately $500 billion. The valuation will depend on the percentage of equity offered, with the company's CEO indicating the involvement of select high-profile investors.