Tether CBO Benjamin Habbel Departs After 9 Months, Returning to $1 Billion Limestone Capital
Updated
Updated · Bloomberg · Jun 11
Tether CBO Benjamin Habbel Departs After 9 Months, Returning to $1 Billion Limestone Capital
1 articles · Updated · Bloomberg · Jun 11
Summary
Benjamin Habbel stepped down as Tether’s chief business officer after nine months, ending a stint focused on expanding the stablecoin company and its investment portfolio.
Limestone Capital will take him back as managing partner, returning him to the private equity firm he co-founded.
More than $1 billion in assets are managed by Limestone, where Tether is already an investor, according to Habbel.
The two firms are planning to deepen that partnership, linking Habbel’s exit from Tether to a closer relationship with Limestone.