The stock could be eligible for S&P 500 index inclusion evvel it adopts updated FASB accounting standards, the report said.
Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.
The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm’s convertible debt, the report said.
Bridge acquired Triangle for an undisclosed amount.
The company reported its third quarter earnings results after the close of trading on Wednesday afternoon.
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