## Tether Bets $1.174 Billion on Juventus: The Crypto Move Shaking European Football



The stablecoin market has just seen one of its boldest moves. **Tether**, the most influential stablecoin issuer in the crypto world, surprised everyone with its intention to acquire a majority stake in **Juventus**, the legendary Italian football club. The move is significant: the company plans to invest approximately **€1 billion** ( more than **$1.174 billion** ) to gain full control of the Turin team.

## The Strategy: Full Control and International Capitalization

Tether's proposal is directed toward Exor, which currently holds **65.4%** of Juventus's shares. If the deal goes through and receives all necessary regulatory approvals, Tether would launch a public offer to acquire the remaining shares at the same price. In other words, this is not a speculative move: it is a serious institutional investment in professional football.

Paolo Ardoino, Tether's CEO, described Juventus as "a symbol of Italian excellence with an international fan base built over decades." According to the executive, this position of the club reflects Tether's global approach in the crypto ecosystem. The company argues that it has the financial strength necessary to support this long-term investment.

## Why Juventus: The Intersection of Sports, Technology, and Global Culture

Juventus is not just any club. It is an institution that has shaped world football for over a century, comparable to the global phenomenon of football anime in terms of cultural impact and ability to connect with diverse audiences. The team has attracted figures like Cristiano Ronaldo, who in 2018 transferred for €100 million, the most expensive transfer ever made for a footballer over 30 years old.

Tether recognizes that professional football is entering a new era: one of decentralized technology, massive international investment, and global digital media. The club needs to stay competitive not only on the field but also in modernizing its commercial and technological structure.

## Tether's Vision: Blockchain Technology in Traditional Sports

The company's strategy goes beyond passion for football. Juventus regularly competes against elite teams like AC Milan, Inter Milan, Real Madrid, Barcelona, Borussia Dortmund, and rivals from the Premier League such as Chelsea and Liverpool. With Tether as the main shareholder, the club could explore blockchain solutions for asset tokenization, fan engagement platforms, and new financing models.

This move is a clear signal: major cryptocurrency companies are no longer content with the digital financial market. They aim to integrate blockchain technology into traditional industries and culturally relevant sectors like professional football.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)