Foreign media: Whop receives a $200 million investment from Tether, with a valuation of $1.6 billion

PANews February 26 News, according to TFN, global internet marketplace platform Whop received a $200 million investment from Tether, valuing it at $1.6 billion. Yesterday, Tether disclosed a strategic investment in Whop but did not reveal the specific amount.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Tether advances its stablecoin business and integrates with the Bitcoin Lightning Network

Gate News reports that on March 19, Tether is advancing the integration of its stablecoin business with Bitcoin's Lightning Network. The Lightning Network is a network layer built on Bitcoin that supports faster and lower-cost transactions. This move aims to expand the application scenarios of Tether stablecoins through the technical advantages of the Lightning Network and attract more users to utilize the Bitcoin network.

GateNews8h ago

Seoul Police Bust Family Money Laundering Ring, Transfers Hundreds of Billions of Won Through Unregistered Cryptocurrency Exchange

Seoul police uncovered a money laundering case involving an unregistered virtual asset exchange, arresting 19 members with suspected proceeds totaling hundreds of billions of won. The group converted cash obtained from telecommunications fraud into Tether (USDT) and transferred it overseas. Police seized approximately 6 billion won in assets.

GateNews9h ago

Tether Launches BitNet LoRA Framework Across Platforms

Tether's QVAC Fabric introduces the BitNet LoRA framework, enabling AI model training on consumer devices with reduced VRAM needs and improved performance. Users can fine-tune large models on smartphones, making AI development more accessible and efficient.

CryptoFrontNews03-18 20:36
Comment
0/400
TaoGe001vip
· 02-26 10:55
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0
TaoGe001vip
· 02-26 10:54
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0