News

Tether’s $775 million Rumble investment sparks stock 35% surge

  • Assad Jafri--CryptoSlate
  • published date: 2024-12-20 22:53:24 UTC

Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 press release. The news caused a sharp spike in Rumble’s stock, which surged in…

Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 press release. The… [+3070 chars]