Football Meets Crypto: Tether Invests in Juventus and Lets Fan Tokens Skyrocket
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Juventus FC is one of Italy’s most renowned football clubs. Recently, Tether, a cryptocurrency that has gained popularity, is now supported by various clubs. Tether, the issuer of $140 billion worth of stablecoins, has purchased a minor share. The club’s entry into the sports investment sector indicates a broader growth strategy. Following this announcement, Juventus shares experienced a significant increase. The club’s tokens saw a remarkable surge in sales.