14 February 2025 – Tether, the largest company in the digital asset industry, announced that it has acquired a minority stake in Juventus Football Club S.p.A. (“Juve”), one of the most successful and iconic football clubs in the world.
This investment marks a significant milestone for Tether. Following the unveiling of its long-term strategic vision, which spans from leading the digital asset industry with USDt, the most used stablecoin in the world with a market capitalization of more than 140 billion USD and more than 400 million users across emerging markets, to acquiring and developing leading companies in the Artificial Intelligence (“AI”), bitcoin mining and biotech spaces, Tetheris now uniquely positioned to integrate its futuristic portfolio into the realms of the sports industry.
While blockchain technology has featured prominently in professional sports with a view to enhancing the fan experience, Tether’s acquisition of a minority ownership stake in Juve is looking forward to delivering a sports-digital asset synergy at a new level. Drawing from its investment arm (which sits outside of the stablecoin reserves), Tether is looking at its strategic investments in sports franchises worldwide and integrating its digital assets, payments, and newly acquired AI and biotech expertise into the sports industry and assembling a top-tier advisory team for this initiative. In particular, Tether is collaborating with leading figures such as Juan Sartori, given his involvement with Sunderland AFC, extensive tenure at AS Monaco Football Club, and the European Club Association.
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