🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Analysis: According to Tether's latest valuation, the 5% stake held by Cantor Fitzgerald is worth $25 billion, currently yielding over 41 times the returns.
On September 24, Tether sought to raise up to $20 billion at a valuation of $500 billion. According to Tether's latest valuation, Wall Street bond trading giant Cantor Fitzgerald spent $600 million to acquire a 5% stake in Tether, which is currently valued at $25 billion, achieving approximately a 41.6 times return. Previously reported, on November 24, 2024, according to The Wall Street Journal, Cantor Fitzgerald will acquire a 5% stake in Tether for $600 million. Current U.S. Secretary of Commerce Howard Lutnick previously served as CEO of Cantor Fitzgerald, and after assuming the role of Secretary of Commerce in May 2025, he transferred all his shares in Cantor Fitzgerald to his children and external investors in accordance with government ethics regulations.