His 55% stake in Cantor Fitzgerald, the firm he single-handedly resurrected, holds a custodial relationship with the stablecoin issuer, and as Tether’s value has skyrocketed in the crypto market, so too has his indirect stake. Read more: https://t.co/9zlK8N9VdX
Why now
Thesis: Tether growth enriches stablecoin custodian stakeholder indirectly.
Catalyst to watch: Continued Tether value appreciation.
Main risk: Crypto market downturn eroding stake value.
Why it matters
Tether growth indirectly enriches a major stablecoin custodian stakeholder, tying crypto expansion to traditional finance equity value.
Details
His 55% stake in Cantor Fitzgerald, the firm he single-handedly resurrected, holds a custodial relationship with the stablecoin issuer, and as Tether’s value has skyrocketed in the crypto market, so too has his indirect stake. Read more: https://t.co/9zlK8N9VdX
Sources
- x · 2026-09-22 00:31 UTC