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Tether acquires minority stake in Italian football club Juventus
Tether, the company behind the world’s largest stablecoin, USDT, said Friday the firm has taken a minority stake in Juventus Football Club S.p.A. (Juve), a renowned football club with a rich history of domestic and international success. The move marks Tether’s entry into professional sports ownership. The investment comes as Tether expands beyond its core business of USDT with a market cap exceeding $140 billion and more than 400 million users across emerging markets. The company has been diversifying into the AI, Bitcoin mining, and biotech sectors. “Aligned with our strategic investment in Juve, Tether will ... (full story)
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- Posted: Feb 14, 2025 11:01am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 181
