Tether Investments Announces Strategic Minority Stake in Juventus Football Club

14Feb

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Sports

Tether Investments Announces Strategic Minority Stake in Juventus Football 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. (“Juve”), one of the most successful and iconic football clubs in the world. This investment marks a significant milestone for Tether. Following the unveiling of its long-term strategic vision, which spans from leading the digital asset industry with USDt, the most used stablecoin in the world with a market capitalization of more than 140 billion USD and more than 400 million users across emerging markets, to acquiring and developing leading companies in the Artificial Intelligence (“AI”), bitcoin mining and biotech spaces, Tether is now uniquely positioned to integrate its futuristic portfolio into the realms of the sports industry. While ...

Tether Announces Strategic Investment in Zengo Wallet to Advance Global Stablecoin Adoption

Tether, the largest company in the digital assets industry, has completed a strategic investment in Zengo Wallet, a leading self-custodial crypto wallet known for its focus on security and usability. The investment underscores Tether’s commitment to advancing secure self-custody solutions and driving the global adoption of stablecoins. Zengo Wallet is recognized for its innovative approach to self-custody, eliminating traditional seed phrase vulnerabilities while building a record of success. Since its launch in 2019, the wallet has served over 1.5 million users worldwide, protecting digital assets without a single wallet being hacked, phished, or taken over. This innovative approach aligns with Tether’s vision of making blockchain-based financial tools more secure and accessible. Th...

Tether Invests In StablR To Promote Stablecoin Adoption In Europe

Tether, the largest digital asset company in the world, has invested in StablR, the European stablecoin provider, which seeks to accelerate adoption in the region. Tether’s investment into StablR signals its commitment to the European market and its support for leading, fully regulated stablecoins. The decision comes amid a number of stablecoin launches in Europe, including StablR’s EURR and USDR, which are poised to unlock improved liquidity management, reduced transaction cost, and significant savings for their users. The European stablecoin market, with a market cap of almost $400M for EUR-pegged stablecoins alone, has experienced significant momentum in recent months, driven by the impetus of the EU’s MiCA framework which is set to come into full effect on December 30th. T...