3 weeks ago
Tether, the cryptocurrency steadfast down the $140 cardinal USDT stablecoin, said connected Friday it has invested successful Italian shot nine Juventus FC.
The firm's concern arm, Tether Investments, acquired a number involvement successful the sports club, according to a property merchandise shared with CoinDesk.
"Aligned with our strategical concern successful Juve, Tether volition beryllium a pioneer successful merging caller technologies, specified arsenic integer assets, AI, and biotech, with the well-established sports manufacture to thrust alteration globally," said Tether CEO Paolo Ardoino successful a statement.
The acquisition comes aft Tether reported $13 cardinal successful profits past year, and expanded beyond its halfway stablecoin concern with investments successful artificial intelligence, payments and vigor companies.
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