In a June 2 post on X, Ardoino addressed rising fan inquiries regarding whether Tether would fund new player acquisitions and help restore Juventus’s competitive edge.

He explained that the club has not granted Tether permission to join the ongoing capital raise, which was announced in April 2025. The increase reportedly ranges between €15 million and €110 million.

Tether Ready to Invest, but Awaiting Green Light

Ardoino stated that Tether remains eager to contribute and be part of the club’s long-term growth. However, he emphasized that no investment can proceed without formal approval from Juventus’s management.

“We simply cannot contribute unless society allows us to,” Ardoino wrote.

“It is truly a shame to leave aside willing members who could invest significantly to help make Juventus great again.”
He concluded with a light remark, hoping that at least the money spent on his grandstand seat could help cover management costs.

Tether’s Ties to Juventus Remain Strong Despite Setback

Tether had previously announced a partnership with Juventus, and the current situation has frustrated fans who expected direct investment in the team’s revival. Although blocked from this capital round, Tether’s leadership continues to express support for the club’s future.

The post Tether Blocked from Juventus Capital Raise, Says CEO Ardoino appeared first on Coindoo.

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Filed under: Bitcoin - @ June 2, 2025 4:16 pm