Hi friends and sports lovers, here's a big news you will love to hear. Tether has crossed 10% Stake in Juventus Football Club. Let's see what that means.
Tether’s investment in Juventus, announced on April 24, 2025, is a game-changer, signaling a future where decentralized technologies empower clubs and fans alike. Just as Hive’s blockchain fosters community-driven content and rewards, Tether’s stake in Juventus could pave the way for tokenized fan experiences, mirroring the potential I see in SPORTS to unite sports enthusiasts on Hive’s vibrant ecosystem.
Tether Investments, the investment arm of Tether, the issuer of the USDT stablecoin, has increased its stake in Juventus Football Club to 10.12% of the club’s issued share capital, securing 6.18% of voting rights. This positions Tether as the second-largest shareholder in the Turin-based Serie A giant, behind only the Agnelli family’s Exor, which holds 65.4%.
The acquisition, finalized on April 15, 2025, builds on Tether’s February 2025 purchase of an 8.2% stake and follows its surpassing of Lindsell Train’s 8.7% holding. Juventus shares rose 2.7% to €3.20 ($3.65) after the announcement, while the club’s JUV fan token surged over 10% to $1.08, peaking nearly 200% in minutes, per CoinGecko data.
Tether’s announcement emphasized its “long-term commitment to Juventus’s future” and confidence in the club’s growth potential. The firm aims to work with Juventus’s leadership to execute strategic initiatives, particularly leveraging blockchain for fan engagement and operational efficiency. This aligns with the broader trend of crypto firms entering sports, as seen with Chiliz and Socios.com’s fan token platforms.
Tether CEO Paolo Ardoino described the investment as more than a financial play, highlighting Juventus’s unique position to lead both on the pitch and in adopting cutting-edge technologies. He also hinted at Tether’s willingness to participate in future capital infusions to strengthen Juventus’s financial foundation and prevent dilution of its current stake, a move that could deepen the firm’s influence in the club’s governance.
Juventus, founded in 1897, is one of Italy’s most decorated football clubs, boasting multiple Serie A titles, Coppa Italia trophies, and UEFA competition victories. Despite its storied history and vast global fanbase, the club has faced recent challenges, currently sitting fifth in the Serie A league table. Tether’s investment aims to bolster Juventus’s competitiveness by supporting initiatives such as blockchain-based ticketing systems, digital asset management, and loyalty rewards programs potentially powered by USDT, which commands a market cap exceeding $140 billion.
As a passionate sports blogger on Hive, I’m thrilled to witness the electrifying collision of cryptocurrency and sports, exemplified by Tether’s move to acquire over 10% of Juventus Football Club’s shares. This partnership not only underscores the growing influence of blockchain in transforming fan engagement but also fuels my optimism for Hive’s SPORTS token, a layer-2 gem poised to revolutionize how fans interact with their favorite teams.
As a Hive sports blogger, I see Tether’s Juventus stake as a reference point for the future of fandom, where blockchain empowers fans with ownership and engagement. Just as Tether aims to revolutionize Juventus with tokenized experiences, Hive’s SPORTS token holds similar promise on layer-2, enabling fans to earn rewards, vote on community initiatives, or access exclusive content. With Hive’s decentralized ethos mirroring blockchain’s potential in sports, I’m bullish on SPORTS driving a new era of fan-driven ecosystems. Tether’s $1.2 billion quarterly profits pale in comparison to the priceless passion of fans, and as Juventus embraces this crypto-powered future, I believe that soon, Hive’s SPORTS token will score big, uniting communities in the same way Tether is transforming the beautiful game.
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