SoftBank and Ark are in talks with Tether for a new round of funding, with a valuation of $500 billion.

On September 27, Bloomberg reported, citing sources familiar with the matter, that Japan's SoftBank Group and US-based Ark Investment Management are in preliminary talks with Tether Holdings SA, the world's largest stablecoin issuer, regarding a new, large-scale funding round.

If the financing proceeds successfully, it would be Tether's largest external funding round since its inception, expected to push its valuation over $500 billion and potentially rank it among the world's most valuable privately held companies.

This financing move has garnered significant market attention, not only because the size of the fundraising could set a new record for Tether but also because its potential valuation would far exceed that of most tech unicorns, demonstrating a significant increase in confidence among both traditional and emerging investors in the cryptocurrency infrastructure sector.

SoftBank is known for its strategic investments in the technology sector, while Ark Investment has long focused on disruptive, innovative assets.

The simultaneous participation of both institutions in the discussions further underscores Tether's significant and systemic position in the digital asset ecosystem.

Analysts indicate that if this round of financing is successfully completed, Tether will not only consolidate its leading position in the stablecoin market, but also potentially leverage the resources of SoftBank and Ark Investments to expand its presence in areas such as compliance technology, blockchain finance, and emerging market payments.

Amidst the current tightening global regulatory landscape, this financing could also provide significant capital support for Tether to enhance governance transparency and strengthen its reserve asset structure.