Tether Investments, the investment arm of Tether, a leading stablecoin issuer, has acquired additional shares in Juventus Football Club. The latest investment brings Tether’s total participation in Juventus to over 10.12% of the issued share capital, representing 6.18% of the voting rights. This move follows Tether’s initial acquisition of 8.2% of the issued shares. Tether CEO Paolo Ardoino emphasized that this investment reflects a long-term commitment to innovation and collaboration with Juventus. The goal is to enhance fan engagement, digital experiences, and financial resilience. This strategic move is seen as an attempt by Tether to showcase its versatility beyond being just a stablecoin and potentially improve its image with regulators, especially in the European Union. The investment in Juventus could also be a step towards re-entering the EU market after compliance issues led to the delisting of Tether’s stablecoin, USDT, by Binance in the European Economic Area earlier this month. Juventus, founded in 1897 and based in Turin, Italy, is a renowned soccer club with a rich history of success in Italian and European soccer. Tether’s investment is part of a broader trend of strategic acquisitions by the company. Recently, Tether announced plans to deploy its Bitcoin hashrate to strengthen the network’s decentralization and bought a significant amount of Bitcoin in the first quarter of 2025. The company also made investments in other ventures, such as the Italian media company Be Water and the YouTube alternative Rumble. These moves are seen as part of Tether’s strategy to diversify its holdings and hedge against fluctuations in the US dollar. The deal with Juventus underscores Tether’s long-term vision and commitment to exploring new opportunities in the crypto and traditional markets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tether Investments, the investment arm of Tether, a leading stablecoin issuer, has acquired additional shares in Juventus Football Club. The latest investment brings Tether’s total participation in Juventus to over 10.12% of the issued share capital, representing 6.18% of the voting rights. This move follows Tether’s initial acquisition of 8.2% of the issued shares. Tether […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/109577"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=109577"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/109577\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=109577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=109577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=109577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}