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.
  • The deal is expected to close pending customary conditions.

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)

Frequently asked questions

When did Tether announce the acquisition of Parfin?

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

What sub-sector is Parfin in?

Parfin is tracked in the Crypto / Digital Assets sub-sector.

Sources

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