Tether announced a $775 million investment in Rumble (NASDAQ: RUM), a video sharing platform and cloud service provider. $RUM surged 50% after hours, it seems there is another crypto-related stock in the US stock market. This acquisition will provide financial support for Rumble and help its future growth plans, the transaction is expected to be completed in the first quarter of 2025, said Rumble CEO Chris Pavlovski.
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