TechFlow News, April 20: According to TheEnergyMag, Tether, the stablecoin issuer, along with several of its subsidiaries and its Chairman Giancarlo Devasini, collectively hold 1.95 million ordinary shares of Bitcoin mining financial services company Antalpha—representing 8.2% of Antalpha’s total post-IPO share capital. Disclosure documents indicate that Antalpha raised approximately $49.3 million in its initial public offering (IPO), with an offering price of $12.80 per share; Tether subscribed to roughly half of the offered shares. Antalpha maintains close ties with the Bitmain ecosystem and primarily provides Bitcoin-collateralized lending and financing solutions for mining hardware supply chains. As of the end of 2024, its loan portfolio totaled approximately $1.6 billion.
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