Tether’s CIO Eyes Exit Amid Market Shifts | Bitcoin and Crypto News

Richard Heathcote, former CIO of Tether, is reportedly selling his 1% stake with PJT Partners as talks heat up — amid a company that once aimed for a $20B raise but scaled back to $5B, still reporting a $10B profit. With market turbulence hitting stablecoins since June and tokenized equities surging, the crypto landscape is shifting fast — and Heathcote’s exit could signal bigger changes ahead. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2b22c1c050bf7ea9