Tether Invests in Rumble to Advance Decentralized Media
On December 20, 2024, Tether revealed a strategic partnership with Rumble, a prominent video-sharing and cloud services platform listed on NASDAQ under the symbol RUM. The collaboration involves a substantial investment of $775 million to support Rumble’s growth and further their shared commitment to decentralization and free speech.
Rumble stock surged in premarket trading Monday after the video streaming platform said it would receive a $775 million ...
Rumble stock surged due to $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. See why I ...
YouTube competitor Rumble (NASDAQ: RUM) has struck a deal with stablecoin issuer Tether for a $775 million strategic ...
Tether, the issuer of the largest stablecoin by market cap, is announcing a $775 million investment into YouTube alternative ...
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Tether makes $775M bet on Rumble to challenge YouTube’s dominanceTether has invested $775 million in Rumble, YouTube's closest competitor. The agreement will see Tether benefiting from ...
The video platform said it will use the infusion of $250 million to support its growth. Rumble stock has mostly struggled to ...
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