SOS Limited Reports 48.1% Revenue Growth, Announces Strategic Financial Adjustments

SOS Limited reported a 48.1% revenue increase to $89.6 million for the first half of the year. The company also announced changes to its equity structure and plans for a direct listing of common stock to optimize its financial framework and improve shareholder value.

SOS Limited (SOS) reported a 48.1% revenue increase to $89.6 million for the first half of the year. The company also announced changes to its equity structure and plans for a direct listing of common stock to optimize its financial framework and improve shareholder value. These moves come as Tether, the stablecoin issuer, is exploring a significant funding round.

Tether, the issuer of the USDT stablecoin, is reportedly in discussions with SoftBank Group and ARK Investment Management for a substantial investment. The company is seeking up to $20 billion in funding for a 3% equity stake. If successful, this move could value Tether at up to $500 billion, positioning it among the world’s most valuable private firms Tether Explores $20 Billion Fundraise with SoftBank and Ark Investment^[1].

The potential investment from SoftBank and ARK underscores the growing importance of Tether within the digital asset landscape. SoftBank, a global venture capital giant, has a history of supporting bold technology ventures, while ARK Investment, led by Cathie Wood, has previously made significant investments in the cryptocurrency and blockchain space. Their involvement would further solidify Tether’s position in the market Tether Explores $20 Billion Fundraise with SoftBank and Ark Investment^[1].

Tether’s flagship stablecoin, USDT, remains the largest dollar-pegged stablecoin globally, with a market capitalization of approximately $173.6 billion. This figure places Tether in direct competition with other stablecoin issuers like Circle, which operates the USDC token. Meanwhile, the approval of the GENIUS Act in the U.S. has placed stablecoins at the forefront of national financial priorities, further emphasizing their growing role in the global economy Tether Explores $20 Billion Fundraise with SoftBank and Ark Investment^[1].

Tether’s growth strategy includes plans to expand into new business areas such as commodities, energy, and media. These moves reflect the company’s broader strategy for growth beyond its established role in the stablecoin market. By diversifying its operations and generating new revenue streams, Tether aims to ensure long-term sustainability and play a more central role in global finance Tether Explores $20 Billion Fundraise with SoftBank and Ark Investment^[1].

The planned funding round is seen as a reflection of growing investor confidence in Tether’s financial strength and future prospects. With the potential backing of major investors like SoftBank and ARK, Tether could significantly bolster its resources and accelerate its expansion plans. As the company moves forward with its fundraise, the global financial landscape is likely to continue evolving, with Tether playing a key role in shaping the future of digital finance.