[Tether Plans to Issue Shares to Raise Up to $20 Billion and Considers Tokenization] Tether plans to raise up to $20 billion through a share issuance and is considering tokenizing the shares after the transaction is completed. Tether executives are also exploring options such as share buybacks. Previously, at least one existing shareholder planned to sell shares at a valuation far below $500 billion, but Tether blocked the plan to avoid affecting the fundraising and currently has no plans to allow existing shareholders to sell shares in this round of financing. Investor Blockchain Capital had considered selling shares but ultimately decided against it.