{"id":149714,"date":"2025-02-14T21:00:14","date_gmt":"2025-02-14T19:00:14","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=149714"},"modified":"2025-02-14T18:39:03","modified_gmt":"2025-02-14T16:39:03","slug":"tether-acquires-stake-in-juventus-as-it-expands-beyond-crypto","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tether-acquires-stake-in-juventus-as-it-expands-beyond-crypto\/","title":{"rendered":"Tether Acquires Stake in Juventus as It Expands Beyond Crypto"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/tether.io\/news\/tether-investments-announces-strategic-minority-stake-in-juventus-football-club\/\" target=\"_blank\">investment<\/a> <\/strong>aligns with <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tether\/\">Tether\u2019s<\/a> <\/strong>broader strategy of integrating blockchain technology into mainstream industries, particularly sports.<\/p>\n<p>In its announcement, Tether emphasized that this acquisition positions it to explore new synergies between digital assets and professional sports. The company has already made inroads into the sector through its sole sponsorship of Swiss club FC Lugano. Now, with Juventus in its portfolio, Tether aims to push the boundaries of blockchain adoption in sports, merging its expertise in digital payments, artificial intelligence, and biotechnology with the global football scene.<\/p>\n<p>Tether\u2019s CEO, Paolo Ardoino, highlighted the firm\u2019s vision of reshaping the sports industry by leveraging cutting-edge technology. He described the Juventus investment as part of a broader push to foster innovation and create new opportunities for collaboration in the space.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/popular-economist-mocks-gamestops-bitcoin-plans\/\" title=\"Popular Economist Mocks GameStop\u2019s Bitcoin Plans\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/09\/pexels-jonathanborba-14891545-bitcoin-scaled-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Popular Economist Mocks GameStop\u2019s Bitcoin Plans<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Meanwhile, Tether is also addressing concerns raised by JP Morgan regarding regulatory pressures. The financial giant suggested that the company may be forced to sell off some of its Bitcoin holdings to comply with proposed US stablecoin regulations. Ardoino dismissed these claims, emphasizing that Tether\u2019s balance sheet remains strong, with over $20 billion in liquid assets beyond its stablecoin reserves. He pointed out that the company generates more than $1.2 billion in quarterly profits from US Treasuries alone, without accounting for other investments.<\/p>\n<p>Ardoino also took a jab at JP Morgan, implying that the bank\u2019s skepticism stems from its failure to capitalize on Bitcoin\u2019s growth. His comments come amid Tether\u2019s continued expansion, with the firm reinforcing USDT\u2019s dominance by citing its global reach, increasing reserves, and strategic moves into key markets such as the UAE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether\u2019s latest move into sports ownership has made waves as the company secured a minority stake in Juventus, one of Italy\u2019s most prestigious football clubs.<\/p>\n","protected":false},"author":7,"featured_media":133287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-149714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tether Acquires Stake 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