The video -sharing and cloud services platform Rumble received funds from a cryptocurrency company that will fuel growth and ...
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Tether is the third-largest cryptocurrency in the world by market capitalization. As of this writing, the market cap is ...
After such a parabolic move, the stock is likely to pause and enter a “healthy correction” phase. These pullbacks are common ...
Shares of Rumble (NASDAQ:RUM) surged over 46% in pre-open trade on Monday following a $775 million investment from Tether, ...
Founded in 2013, Rumble will not have any Tether representatives on its board, and the blockchain-enabled platform will hold only a minority position in the outstanding common stock. Meanwhile ...
Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a blockchain-enabled platform, to receive a strategic investment of $775 million.
Tether has invested $775 million in Rumble, a decentralized video-sharing platform, to challenge YouTube’s dominance.
Shares of Rumble Inc. rocketed higher after hours on Friday after the right-leaning video platform said it landed a $775 million investment from Tether, a giant in the crypto world whose digital ...
"Legacy media has increasingly eroded trust, creating an opportunity for platforms like Rumble to offer a credible, uncensored alternative," said Tether CEO Paolo Ardoino. "Beyond our initial ...
X post, Tether CEO Paolo Ardonio explained that the significant investment in YouTube alternative Rumble is to focus on ...
Tether invests $775M in Rumble, acquiring 103M shares at $7.50 each ... This highlights the growing ties between cryptocurrency initiatives and decentralized media platforms. “This transaction ...