Tether, the cryptocurrency firm behind the $140 billion USDT stablecoin, said on Friday it has invested in Italian football club Juventus FC (JUVE). The firm's investment arm, Tether Investments, acquired a minority stake in the sports club,

“Tether, the largest company in the digital asset industry, announced that it has acquired a minority stake in Juventus Football Club S.p.A, one of the most successful and iconic football clubs in the world,” read an official press release on Friday.

Tether Holdings SA de CV said it’s acquired a minority stake in Juventus Football Club SpA, as one of crypto’s most valuable companies continues to diversify its investment portfolio.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayHow to Build a Neurodiverse CityA Filmmaker’s Surreal Journey Into His Own Private WinnipegTether,

Tether acquires a Juventus stake and invests in ZenGo Wallet, blending crypto innovation with sports and better security.

By Giulio Piovaccari and Elvira Pollina MILAN (Reuters) -Shares in Italy's top-flight soccer club Juventus rallied on Friday, after cryptocurrency firm Tether said it had become a minority shareholder,

The investment arm of stablecoin leader Tether has acquired a minority stake in prominent Italian soccer club, Juventus.

USDT stablecoin operator Tether just announced that it acquired a majority stake in Italian soccer club Juventus.

Crypto currency firm Tether Investment said on Friday it had become a minority shareholder in Italian Serie A soccer club Juventus, without disclosing the size of its stake. In a statement published on its website,

Tether’s acquisition of a minority stake in Juventus broadens its portfolio by incorporating digital assets, AI, and biotech into football.