Tether to Shape Juventus’ Future with Board Changes and Major Investment

Tether, a leading stablecoin issuer, is poised to significantly impact Italian football club Juventus as it prepares to propose new board members before the November shareholder meeting. This strategic move follows Tether’s recent significant investment in the team, increasing its ownership stake to over 10%. To solidify its influence, Tether will inject $129 million into the club as part of a capital increase.