Stablecoin cryptocurrency acquires stake in Juventus

The largest cryptocurrency stablecoin, Tether, has invested in Italian club Juventus.

Details: According to a press release, the company—valued at $140 billion—has acquired a minority stake in the Turin club. The financial details of the deal have not been disclosed.

The investment is aimed at diversifying the cryptocurrency giant’s portfolio in 2025 and integrating digital assets into everyday life through sports.

Quote: "Through our strategic investment in Juventus, Tether will pioneer the fusion of emerging technologies—such as digital assets, artificial intelligence, and biotechnology—with the established sports industry to drive change worldwide.

We will explore opportunities for innovative collaboration and the potential to revolutionize the global sports landscape," said Tether CEO Paolo Ardoino.

Reminder: Previously, Juventus legend Gianluigi Buffon reflected on the club’s defeat in the 2015 Champions League final.