TechFlow, October 4 — According to Bloomberg, stablecoin issuer Tether and its existing partners are seeking to raise at least $200 million for a digital asset financial company that will acquire Tether's XAUt token. Sources familiar with the matter said Tether and Singapore-based financial services firm Antalpha Platform Holding are leading efforts to raise at least $200 million for DAT. If successful, the platform will use the funds to accumulate Tether's gold-backed token XAUt. Antalpha Platform is a strategic partner of Bitmain.
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