Rumble to receive $775 million strategic investment from Tether

Rumble said that following the completion of the transaction, Chris Pavlovski, Rumble's chairman and CEO, will retain his controlling stake in the company. Cryptocurrencies have soared since Donald Trump won the presidential election. His pro-cryptocurrency stance, including a plan to create a U.S. bitcoin strategic reserve, has stoked the enthusiasm of crypto bulls, leading to a record rally in bitcoin.