Tether has formally submitted an all-cash binding proposal to Exor aimed at acquiring the complete stake in Juventus Football Club. The deal would give Tether ownership of 65.4% of the club's issued share capital—a significant move that signals the cryptocurrency giant's interest in expanding beyond digital assets into traditional sports and entertainment. The acquisition remains contingent on obtaining necessary regulatory approvals and finalizing definitive transaction agreements. This represents a notable intersection between the crypto sector and mainstream institutional investment, reflecting how major blockchain enterprises are diversifying their capital allocation strategies into high-profile real-world assets.
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CryptoCross-TalkClub
· 11h ago
Laughing out loud, Tether is using stablecoins to buy a football team. Is this to make Juventus also a "stablecoin"?
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Wait, first ask: is this money truly stable or is there another "account audit" coming?
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The crypto circle's superstar isn't enough for trading coins, now they're starting to trade teams. Next step, maybe they'll issue a JUV coin.
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Regulatory approval? Ha, I bet five dollars this gets stuck in some department for half a year.
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That's impressive. While retail investors are still falling, the boss has already started buying Serie A teams. The difference in vision.
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ApeShotFirst
· 11h ago
Whoa, Tether is about to buy Juventus? Is this real, brother? Oh my God!
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LightningPacketLoss
· 11h ago
Tether wants to buy Juventus? Haha, big players in the crypto world really dare to buy anything... But the regulatory hurdle might be a different story.
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GateUser-e51e87c7
· 11h ago
Tether is now getting into football? Is this for money laundering or do they really believe in the sports industry... But this pattern feels a bit familiar—crypto giants pouring money into traditional industries, and in the end?
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ZeroRushCaptain
· 11h ago
The big retreat in the crypto world is starting to run towards the football field? Haha, this is what I call a "battlefield shift," brother.
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CompoundPersonality
· 12h ago
I'm just wondering, are crypto big shots now starting to play football? Juventus must have been targeted by the crypto community...
Tether has formally submitted an all-cash binding proposal to Exor aimed at acquiring the complete stake in Juventus Football Club. The deal would give Tether ownership of 65.4% of the club's issued share capital—a significant move that signals the cryptocurrency giant's interest in expanding beyond digital assets into traditional sports and entertainment. The acquisition remains contingent on obtaining necessary regulatory approvals and finalizing definitive transaction agreements. This represents a notable intersection between the crypto sector and mainstream institutional investment, reflecting how major blockchain enterprises are diversifying their capital allocation strategies into high-profile real-world assets.