The announcement led to a 200% increase in JUV, with other tokens like LAZIO and PORTO also experiencing significant price jumps.

Tether’s stake in Juventus comes on the heels of a record-breaking year for the stablecoin issuer. The company earned $13 billion in profits in 2024 as its holdings in low-risk US Treasury bonds reached an all-time high of $113 billion.

Top stablecoin firm Tether is joining forces with one of the winningest football clubs in the world. According to a new announcement from Tether, the crypto firm has purchased a minority stake in the Torin,

Tether’s acquisition of a minority stake in Juventus broadens its portfolio by incorporating digital assets, AI, and biotech into football.

Crypto currency firm Tether Investment said on Friday it had become a minority shareholder in Italian Serie A soccer club Juventus, without disclosing the size of its stake. In a statement published on its website,

By Giulio Piovaccari and Elvira Pollina MILAN (Reuters) -Shares in Italy's top-flight soccer club Juventus rallied on Friday, after cryptocurrency firm Tether said it had become a minority shareholder,