Tether Invests in Rumble to Advance Decentralized Media

On
December
20,
2024,
Tether
revealed
a
strategic
partnership
with
Rumble,
a
prominent
video-sharing
and
cloud
services
platform
listed
on
NASDAQ
under
the
symbol
RUM.
The
collaboration
involves
a
substantial
investment
of
$775
million
to
support
Rumble’s
growth
and
further
their
shared
commitment
to
decentralization
and
free
speech.

Details
of
the
Investment

The
partnership
includes
an
upfront
cash
infusion
of
$250
million
from
Tether,
intended
to
bolster
Rumble’s
expansion
efforts.
Additionally,
Tether
will
assist
in
a
tender
offer
for
up
to
70
million
Rumble
shares
at
a
price
of
$7.50
per
share.
This
comprehensive
investment
package
totals
approximately
$775
million,
which
translates
to
the
acquisition
of
103,333,333
shares
of

Rumble’s
common
stock.
Despite
this
investment,
Chris
Pavlovski,
Rumble’s
Chairman
and
CEO,
will
retain
his
controlling
stake
in
the
company
after
the
transaction.

A
Shared
Vision
for
Decentralization
and
Innovation

Tether’s
CEO,
Paolo
Ardoino,
emphasized
the
alignment
of
values
between
the
two
companies,
citing
shared

principles
of
decentralization,
independence,
and
transparency.
He
stated,
“Tether’s
partnership
with
Rumble
underscores
our
dedication
to
technologies
that
empower
freedom
and
decentralization.
As
trust
in
traditional
media
wanes,
platforms
like
Rumble
are
crucial
in
providing
a
credible
and
uncensored
alternative.
This
investment
reinforces
our
vision
of
building
an
inclusive,
decentralized
infrastructure.
Beyond
the
financial
commitment,
Tether
plans
to
explore
synergies
in
advertising,
cloud
services,
and

cryptocurrency
payment
solutions
with
Rumble.”

Echoing
this
sentiment,
Chris
Pavlovski
expressed
enthusiasm
about
the
partnership.
He
highlighted
the
synergy
between
cryptocurrency
and
free
speech
communities,
which
are
united
by
their
commitment
to
freedom
and
transparency.
Pavlovski
remarked,
“This
collaboration
not
only
strengthens
our
financial
position
but
also
enables
us
to
move
closer
to
achieving
EBITDA
breakeven
in
2025.
The
$250
million
cash
infusion
affirms

Tether’s
support
for
our
growth
initiatives,
and
the
tender
offer
provides
liquidity
to
our
shareholders.
I
am
confident
that
Tether’s
involvement
will
propel
Rumble
into
its
next
phase
of
development.”

Tether
Announces
$775
Million
Strategic
Investment
in
Rumble
(

@rumblevideo
)
to
Boost
Decentralized
and
Community-Owned
Media
Platforms

Read
more:https://t.co/2lRvcd6LJW

—
Tether
(@Tether_to)

December
20,
2024

A
Partnership
Geared
for
Growth

This
strategic
collaboration
marks
a
significant
step
for
both
Tether
and
Rumble.
While
Tether
aims
to
extend
its
influence
beyond
the
cryptocurrency
realm
into
decentralized
media,
Rumble
secures
the
financial
backing
needed
to
advance
its
mission
of
fostering
open
communication
and
innovation.
Together,
the
two
companies
are
poised
to
challenge
centralized
systems
and
redefine
the
future
of
media
and
technology.

Wall
Street
Pepe:
A
Meme
Coin
Revolutionizing
Community-Driven
Investments

Wall
Street
Pepe
is
on
a
mission
to
transform
the
meme
coin
market,
which
has
long
been
dominated
by
insider
trading
and
manipulation
by
wealthy
players.
Many
investors
have
found
it
difficult
to
secure
gains
as
the
market
has
been
rigged
to
favor
the
few.
Wall
Street
Pepe
seeks
to
level
the
playing
field
by
empowering
its
community,
known
as
the
WEPE
Army.
Through
a
collaborative
and
community-first
approach,
the
project
aims
to
turn
everyday
investors
into
active
market
movers,
creating
a
fairer
and
more
inclusive
ecosystem
for
all
participants.

Inspired
by
Wall
Street
Bets
and
Empowering
Traders

The
project
takes
inspiration
from
Wall
Street
Bets,
the
online
movement
that
shook
traditional
finance
by
driving
the
GameStop
stock
surge.
Wall
Street
Pepe
adopts
a
similar
philosophy
in
the
meme
coin
sector
by
combining
a
viral,
community-driven
ethos
with
functional
utilities.
These
features
include
alpha
trading
calls
for
market
insights,
staking
options
to
reward
long-term
holders,
and
trading
incentives
to
foster
active
participation.
This
combination
of
practical
tools
and
community
focus
positions

Wall
Street
Pepe
as
a
groundbreaking
force
in
the
cryptocurrency
world,
prioritizing
knowledge-sharing
and
collective
growth.

Strategic
Tokenomics
for
Growth
and
Fairness

Wall
Street
Pepe’s
tokenomics
further
reinforce
its
mission
to
empower
the
community.
The
allocation
ensures
a
balanced
approach,
with
20%
reserved
for
the
Frog
Fund
(presales),
12%
set
aside
for
staking,
15%
for
trading
rewards,
and
38%
dedicated
to
marketing
efforts.
This
structure
provides
ample
opportunities
for
both
early
and
late
investors
to
benefit
from
the
project’s
success.
By
maintaining
a
strong
focus
on
fairness
and
inclusivity,
Wall
Street
Pepe
sets
itself
apart
as
one
of
the
most
promising
new
meme
coins
to
watch
in
the
cryptocurrency
market
this
year.

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