Analysis: Based on Tether's latest valuation, Cantor Fitzgerald's 5% equity stake is worth $25 billion, representing a remarkable ROI of over 41x.

BlockBeats News, September 24th, Tether is seeking to raise up to $200 billion in funding at a valuation of $500 billion. Based on Tether's latest valuation, previously, Wall Street bond trading giant Cantor Fitzgerald spent $6 billion to acquire a 5% stake in Tether, now valued at $250 billion, achieving approximately 41.6 times return on investment.

Earlier reports indicated that on November 24, 2024, according to The Wall Street Journal, Cantor Fitzgerald would acquire a 5% stake in Tether for $6 billion. Current U.S. Secretary of Commerce Howard Lutnick previously served as Cantor Fitzgerald's CEO and, in May 2025, after assuming the role of U.S. Secretary of Commerce, transferred all his shares in Cantor Fitzgerald to his children and outside investors in accordance with government ethics regulations.