Cantor Fitzgerald Acquires 5% Tether Stake For $600 Million

Before becoming Donald Trump’s commerce secretary pick, Lutnick deepened Cantor Fitzgerald’s ties with a stablecoin firm ...
U.S. President-elect Donald Trump's pick for Commerce secretary, Howard Lutnick, is in talks to deepen his financial ties ...
Adding another layer of intrigue, Cantor Fitzgerald now owns a 5% stake in Tether, valued at around $600 million, according ...
The financial services giant Cantor Fitzgerald has reportedly acquired a 5% ownership stake in Tether, the leading stablecoin ...
Tether's recent $5B minting surge raises industry concerns about market influence and political ties, amid ongoing ...
Now, thanks to a mix of sound strategy or good luck, Tether has a key ally in the highest corridors of power: Howard Lutnick, ...