Cantor Fitzgerald has agreed to a 5% ownership stake in Tether valued at approximately $600 million, according to the Wall Street Journal.

Financial services giant Cantor Fitzgerald reportedly owns a 5% stake in stablecoin issuer Tether, a position potentially worth $600 million

Cantor Fitzgerald has agreed to acquire approximately a 5% ownership stake in Tether, valued at around $600 million.

Cantor Fitzgerald acquires 5% of Tether, strengthening stablecoin reserves, as Tether launches MiCA-compliant tokens for secure digital payments.

Meanwhile, Tether is reportedly under investigation by federal investigators for potential violations related to money laundering and sanctions evasion. Tether denies these allega