Bloomberg: Tether's new round of financing receives investment from SoftBank and "Cathie Wood"

According to ChainCatcher, Bloomberg reports that SoftBank Group and "Cathie Wood's" Ark Investment Management will participate in the latest financing plan of stablecoin issuer Tether Holdings. Previously, it was reported that Tether is seeking to privately place about 3% of its shares, raising approximately $15 billion to $20 billion, with the company's valuation potentially increasing to $500 billion.