Tether Acquires Over 10% Stake in Juventus, Holds 6.18% Voting Rights, Plans Stablecoin and Blockchain Support

Tether, the cryptocurrency firm known for its stablecoin USDT, has increased its stake in Juventus Football Club to over 10% of the club’s share capital. This acquisition makes Tether a significant shareholder, holding 6.18% of the voting rights in the Italian football club. The investment reflects Tether’s strategic interest in exploring the use of stablecoin and blockchain technology to support Juventus’ global operations. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant