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Tether’s CIO Eyes Exit Amid Market Shifts | Bitcoin and Crypto News
Published 1 week ago
Description
Richard Heathcote, former CIO of Tether, is reportedly selling his 1% stake with PJT Partners as talks heat up — amid a company that once aimed for a $20B raise but scaled back to $5B, still reporting a $10B profit. With market turbulence hitting stablecoins since June and tokenized equities surging, the crypto landscape is shifting fast — and Heathcote’s exit could signal bigger changes ahead.
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