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Home > Headlines > Crypto giant Tether to propose candidates for Juventus board

Crypto giant Tether to propose candidates for Juventus board

Published by Global Banking & Finance Review®

Posted on October 6, 2025

1 min read

Last updated: January 21, 2026

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Tags:crypto wallet Cryptocurrencies corporate governance financial community

Quick Summary

Tether will nominate candidates for Juventus' board at the upcoming shareholder meeting, aiming for governance changes and supporting a €110 million capital increase.

Tether to Nominate Board Candidates for Juventus Shareholder Meeting

Tether's Influence on Juventus

MILAN (Reuters) -Tether plans to file its own list of candidates for the board of Italian soccer club Juventus at an annual shareholder meeting next month, the crypto giant said on Monday in e-mailed responses to questions from Reuters.

Tether's Stake in Juventus

Tether built a 10.7% stake in Turin-based Juventus during this year, becoming the club's second shareholder after the Agnelli family's investment company Exor, which owns 65% of the club.

Upcoming Shareholder Meeting

Investors at Milan-listed Juventus will vote upon the company's board renewal at the club's annual shareholder meeting on November 7.

Proposed Governance Changes

Tether also said it intended to put forward some "governance changes" at the meeting, without elaborating.

Capital Increase Plans

The crypto firm added it planned to contribute to a capital increase worth up to 110 million euros ($129 million) which the board of loss-making Juventus proposed last month.

Exor has already paid nearly 30 million euros for that capital increase.

($1 = 0.8544 euros)

(Reporting by Elvira Pollina and Giulio Piovaccari, editing by Alvise Armellini)

Key Takeaways

•Tether plans to nominate board candidates for Juventus.
•Tether holds a 10.7% stake in Juventus.
•Juventus shareholder meeting set for November 7.
•Tether proposes governance changes at the meeting.
•Tether to contribute to a €110 million capital increase.

Frequently Asked Questions about Crypto giant Tether to propose candidates for Juventus board

1What is a capital increase?

A capital increase refers to a company's decision to raise additional funds by issuing new shares or securities, thereby increasing its total equity.

2What is corporate governance?

Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled, ensuring accountability and transparency.

3What are cryptocurrencies?

Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology.

Tether's Influence on Juventus

Tether's Stake in Juventus

Tether built a 10.7% stake in Turin-based Juventus during this year, becoming the club's second shareholder after the Agnelli family's investment company Exor, which owns 65% of the club.

Upcoming Shareholder Meeting

Investors at Milan-listed Juventus will vote upon the company's board renewal at the club's annual shareholder meeting on November 7.

Proposed Governance Changes

Tether also said it intended to put forward some "governance changes" at the meeting, without elaborating.

Capital Increase Plans

The crypto firm added it planned to contribute to a capital increase worth up to 110 million euros ($129 million) which the board of loss-making Juventus proposed last month.

Exor has already paid nearly 30 million euros for that capital increase.

($1 = 0.8544 euros)

(Reporting by Elvira Pollina and Giulio Piovaccari, editing by Alvise Armellini)

Frequently Asked Questions

1What is a capital increase?

A capital increase refers to a company's decision to raise additional funds by issuing new shares or securities, thereby increasing its total equity.

2What is corporate governance?

Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled, ensuring accountability and transparency.

3What are cryptocurrencies?

Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology.