Business & Finance
Tether’s Former CIO Plans Sale of Stake in Stablecoin Giant
Key Points
Cryptocurrencies Tether’s Former CIO Plans Sale of Stake in Stablecoin Giant Richard Heathcote, who until earlier this year oversaw stablecoin giant Tether Holdings SA’s investment portfolio, is planning to sell a small stake in the company, according to people familiar with the matter. Heathcote is working with PJT Partners to sell part of his 1.26% holding of Tether, according to the people, who were not authorized to speak publicly. Tether announced in March that Heathcote was stepping...
Cryptocurrencies
Tether’s Former CIO Plans Sale of Stake in Stablecoin Giant
Richard Heathcote, who until earlier this year oversaw stablecoin giant Tether Holdings SA’s investment portfolio, is planning to sell a small stake in the company, according to people familiar with the matter.
Heathcote is working with PJT Partners to sell part of his 1.26% holding of Tether, according to the people, who were not authorized to speak publicly. Tether announced in March that Heathcote was stepping down as chief investment officer to take an advisory position.
[Image text:] IOESIA
Happy
SECURE
USD7
SECURE
PRIVATE
P
GITA
DIGITAL
IAR
TETHER
SMART