Tether Hires KPMG as Auditor Ahead of US Expansion: FT

Tether has hired KPMG to conduct an audit of its financial statements ahead of a US expansion plan and potential fundraising, the Financial Times reports, citing people familiar with the matter.

• PwC also hired to help company ready its internal systems for audit
• Tether, KPMG and PwC declined to comment to the FT
• NOTE: Tether’s Landmark Fundraise on Hold as Crypto Giant Seeks Audit

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To contact the reporter on this story:
Sebastian Tong in San Francisco at stong41@bloomberg.net

To contact the editor responsible for this story:
Divya Balji at dbalji1@bloomberg.net

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