The CEO of Tether, Paolo Ardoino, says that the stablecoin issuer has no intention of leaving public, a few days after Rival made his refut in the New York Stock Exchange (NYSE).
“It is not necessary to make public,” Ardoino said on June 7, only two days after Circle, who is behind Stablcoin USDC (USDC), entered the public market on June 5. Circle’s shares rose 167% of the first ONS commercial session in the NYSE.
$ 515 billion is a “beautiful number”, but not high enough
Ardoino addressed the assessment speculation raised by the CEO of Artmesis, Jon Ma, who said that if Tether, which is the USDT stablecoin (USDT), was going to public, would be classified as the 19th turnover of $ 515, a $ 55 line of $ 55 as a Costco and Coca-Cola.
While Ardoino described the valuation of $ 515 billion as a “beautiful number,” he said it could be too low. “Maybe a little bassist taking into account our current (and growing) treasure of Bitcoin + Gold, but I am very humiliated,” said Ardoino.
The prominent defenders of Bitcoin, Anthony Pompliano and Jack Mallers, suggested that the company could one day reach an assessment of $ 1 billion.
Ardoino added that he is “really excited by the next phase of growth of our company.” .
Tether’s USDT is located as the third largest cryptocurrency for market capitalization, valued at $ 154.83 billion at the time of publication, CoinmarketCap agreed.
Meanwhile, on April 24, it was announced that Tether would become the majority owner of Twenty One Capital, a new Bitcoin Treasury company founded by Jack Mallers de Strike.
Despite its release recently, twenty -one years of age has already become the third corporate head of Bitcoin in the world, a strategy just behind (previously Microstrategy) and the Minera Marera Holdings firm.
On June 3, Cointegraph reported that Tether moved a combined bitcoin of 37,229.69, for a value of approximately $ 3.9 billion, to directions linked to the new Bitcoin’s new final native platform.
