Stablecoin issuer Tether has nominated its deputy chief investment officer and a medical doctor to fill the board of Italian football club Juventus. Tether holds a 10.7% stake in Juventus and is seeking to make changes to the by-laws for better corporate governance. The board nominations will be decided at a Nov. 7 shareholder meeting.
Tether CEO Paolo Ardoino reiterated a call to “Make Juventus Great Again,” referencing Donald Trump’s slogan. The CEO visited the White House for the GENIUS stablecoin bill signing. Tether has also invested $775 million in video-sharing platform Rumble and holds about 100,000 BTC, worth over $11 billion. USDT market cap exceeds $181 billion.
Tether’s investments extend beyond football, with significant holdings in Bitcoin and investments in video-sharing and AI companies. The stablecoin issuer holds about 100,000 BTC, valued at over $11 billion, and has a USDT market capitalization of more than $181 billion. The board nominations for Juventus will be decided in November.
Read more at Cointelegraph: Tether Nominates Deputy Chief Investment Officer to Juventus FC Board
