Transaction · Crypto / Digital Assets · 2025

Tether / Parfin 2025

Tether acquired Parfin on November 20, 2025.

Target: Parfin
Acquirer: Tether
Announced: November 20, 2025
Sub-sector: Crypto / Digital Assets

Transaction overview

Tether announced the acquisition of Parfin on November 20, 2025.

Strategic rationale

Expand institutional USDT adoption in Latin America via Parfin's regulated digital asset custody and trading infrastructure for settlement, RWA tokenization, and cross-border payments.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: November 20, 2025
Acquirer: Tether (Strategic)
Sub-sector: Crypto / Digital Assets

Sources

coinspeaker.com /tether-makes-latest-move-in-latin-america-to-boost-usdt-institutional-use-case/

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