Tether Invests in Juventus Football Club, Causing Token Spike | Airdrop Alert Pro

Tether gained a minority stake in the world-renowned Italian football club Juventus, causing its JUV fan token to rise to Spike. Tether is investing in teams with pre-existing Web3 presence and plans to bring more teams.

Because the company has recently been Stablecoin Regulations, but firstly, careful preparation is required to set up alternative sources of income. This investment may be part of a similar strategy.

Tether with Juventus efforts

Juventus Football Club is one of the most popular football teams in the world and it has been wading in Web3 fields such as encryption and NFTS It’s been a few years. In 2019 Started JUV Fan Token,Then Several NFT products have also been created. Tether CEO Paolo Ardoino Announce Today, it purchased a minority stake in Juventus, further promoting the team’s Web3 connection:

“Along with our strategic investment in Juve, Tether will be a pioneer in the merger of new technologies such as digital assets, AI and Biotech, driving change globally with the mature sports industry. We will explore ways to collaborate on innovative innovation and potentially change the global sports landscape. ” said Adolio.

For world-famous football teams, such cooperation is quite standard. In the last World Cup, Binance creates futures index for fan tokens And football theme fan tokens like JUV Spikes around the world. Juventus’ token has been inactive for a few years, but after the shackles announcement, it started today:

A more pressing question is why the tether, The world’s leading stable issuerfirst of all, will invest heavily in Juventus. The company has International partnerships Bring value A completely different departmentbut this did not show much interest in sports clubs like this. However, according to the announcement, this situation will change.

Technically, the company indirectly invested in a Swiss football team last year. If that was a small stepping stone, Juventus would be the next step as Tether plans to bring more sports organizations to the blockchain in the future. This not only includes Tokenization or payment availability; tether will utilize Its research areas are like AI and where biotech can be.

Another clue can help explain why Tete invested in Juventus. Last December, it Stablecoin was kicked out of the EU Due to the mica regulations, The company’s bottom line remains complete. The tether took months to prepare for the end of the world, limiting EU operations and setting up new revenue streams. Juventus is a European team, so it also falls into this category.

Tether can afford to operate in Europe, but has to lose it and the United States in a rapid and continuous manner. Upcoming Stablecoin regulations Probably have a doomsday impact on the tetherthe US exchange is If asked, the company is ready to pop up. In short, Juventus and other sports opportunities could be another part of the tethered doomsday preparations.