Reported 3 days ago
Tether, the cryptocurrency firm holding a 5% stake in Juventus, has expressed openness to increasing its investment in the Italian soccer club. CEO Paolo Ardoino stated their goal is to cooperate with Juventus management and explore opportunities, leveraging Tether's payment platform and extensive user base to enhance the club's brand. Although Exor, the controlling entity of Juventus, has no plans to sell, Tether aims to foster a collaborative relationship while recognizing the challenges in the stablecoin market.
Source: YAHOO