Tether’s Bold Bet on Antalpha: What Could Possibly Go Wrong?
According to a Schedule 13D filing submitted to the US Securities and Exchange Commission on Monday-because nothing says “serious business” like paperwork-Tether now holds approximately 1.95 million shares through various related entities. The filing also reveals that Giancarlo Devasini, Tether’s chairman, possesses both voting and dispositive power over this substantial stake. Naturally, Tether and its associates have the liberty to increase or decrease their holdings at will, driven by the whims of market conditions and possibly the alignment of the stars.

