Tether has about $4.8 billion in exposure to US stocks across 13 companies
November 12: According to Protos, Tether, the world's largest stablecoin issuer, has about $4.804 billion in exposure to the US stock market through 13 US-listed companies. Its holdings are highly concentrated in three companies: Bitcoin treasury company Twenty One Capital (about $1.367 billion), video platform Rumble (about $1.328 billion) and agribusiness company Adecoagro (about $966 million).
The remaining holdings include Elemental Royalty (about $342 million), Bitdeer (about $249 million), Gold.com (about $148 million), Versamet Royalties (about $128 million), Metalla Royalty (about $115 million), Gold Royalty (about $106 million), Satellogic (about $39.65 million), Stablecoin Development Corp (about $4.9 million), Aurelion (about $4.4 million) and Antalpha Platform (about $3.1 million). Protos noted that Tether is using its funds to make broad bets across multiple industries and has placed its executives in roles at the companies involved.