Rumble, the video-sharing platform, has secured a $775 million investment from Tether.
The partnership aims to accelerate innovation, empower free expression, and fuel financial inclusion.
Tether will acquire 103,333,333 shares of Rumble's Class A Common Stock at $7.50 per share.
The investment will generate $775 million in gross proceeds, with $250 million allocated to strengthening Rumble's balance sheet and funding strategic initiatives.