Tether's investment division acquired a minority stake in the Juventus football club. As a result, the club's stock rose by 2.5 percent, and its fan token skyrocketed by 200 percent. Tether's CEO, Paolo Ardoino, stated that the company intends to integrate innovative technologies such as digital assets, artificial intelligence, and biotechnology into the sports industry. This investment reflects Tether's strategy to expand beyond stablecoins and actively participate in other high-tech fields.
2/15/2025 8:51:14 AM (GMT+1)
Tether, the leading issuer of stablecoins, acquires a minority stake in the Juventus football club: the club's stock rose by 2.5 percent, and the fan token skyrocketed by 200 percent after the announcement of the deal
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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