Headlines
Crypto giant Tether to propose candidates for Juventus board
Published by Global Banking and Finance Review
Posted on October 6, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 6, 2025
1 min readLast updated: January 21, 2026
Tether will nominate candidates for Juventus' board at the upcoming shareholder meeting, aiming for governance changes and supporting a €110 million capital increase.
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 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.
Investors at Milan-listed Juventus will vote upon the company's board renewal at the club's annual shareholder meeting on November 7.
Tether also said it intended to put forward some "governance changes" at the meeting, without elaborating.
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)
A capital increase refers to a company's decision to raise additional funds by issuing new shares or securities, thereby increasing its total equity.
Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled, ensuring accountability and transparency.
Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology.
Explore more articles in the Headlines category
