Tether Invests $200 Million in Whop, Valuing Creator Marketplace at $1.6 Billion
Updated
Updated · Fortune · Jun 14
Tether Invests $200 Million in Whop, Valuing Creator Marketplace at $1.6 Billion
2 articles · Updated · Fortune · Jun 14
Summary
$200 million from Tether in February valued Whop at $1.6 billion, extending funding for the creator-commerce platform founded in 2021.
Whop says it now serves 22 million users across 145 countries and supports about $4 billion in annual commerce, or roughly $300 million in monthly sales.
The company says more than 650 sellers have become millionaires on the platform, with 10 to 15 users each day making their first $20,000.
At 120 employees, Whop is still expanding despite broader tech hiring pullbacks, with 40 open roles after adding 16 staff in May.
As Whop creates millionaires, how does it safeguard sellers from the sudden account freezes that could instantly cripple their businesses?
Whop’s new Treasury offers 6% APY on crypto. Is this a brilliant financial innovation or a ticking regulatory time bomb for its users?
Tether Invests $200M in Whop: Driving Stablecoin Adoption Across a $3B Digital Economy
Overview
In February 2026, Tether made a landmark $200 million investment in Whop, valuing the fast-growing digital marketplace at $1.6 billion. This strategic alliance is designed to integrate Tether’s Wallet Development Kit (WDK) directly into Whop’s platform, enabling stablecoin payments for millions of users worldwide. By leveraging Whop’s expanding user base and diverse digital offerings, the partnership aims to streamline transactions and provide a more stable alternative to traditional payment methods. Together, Tether and Whop are set to drive global adoption of digital currencies and reshape the future of internet commerce.