Tether Excluded From Juventus Capital Funding Round

In a recent X post, Tether CEO Paolo Ardoino confirmed that the company has been excluded from Juventus’s ongoing capital raise. This announcement came after the club revealed plans to raise an estimated €15 million to €110 million in April 2025. Ardoino explained that Juventus management had not granted Tether permission to participate in this funding round, despite Tether’s interest and willingness to contribute to the club’s long-term growth. He emphasized that a formal investment from Tether would only proceed after receiving explicit approval from the club’s management.