The post Tether now has an official seat on Juventus’ board, represented by Dr. Francesco Garino appeared on BitcoinEthereumNews.com.

Paolo Arduino, the CEO of Tether, has announced that Tether is now officially represented on the Juventus Football Club S.p.A. board of directors, with Dr. Francesco Garino emerging as its representative.  Arduino made this known in a post written in Italian on X. The post is translated as “Tether has just received its first seat on the Juventus Board of Directors… Francesco Garino confirmed!” He added, “Thanks to all minority shareholders for supporting our request to be involved. The first necessary step toward MJGA!” Garino is said to be a longtime Juventus supporter who was born, raised, and lives in Turin, the city where the football club is based. Upon nomination, Garino, who’s also a seasoned orthodontist renowned in Italy and around the world, is expected to join the club board as a direct voice for the fans. Tether’s investments in Juventus Tether via Tether Investments first acquired a minority stake in Juventus in February this year. Tether said in its announcement, “While blockchain technology has featured prominently in professional sports with a view to enhancing the fan experience, Tether’s acquisition of a minority ownership stake in Juve is looking forward to delivering a sports-digital asset synergy at a new level.” In April, the issuer of USDT, the largest stablecoin by market capitalization, bought more Juventus shares, bringing its stake in the football club to 10.12% of the total participation. It also raised its voting rights from over 5% to 6.18%. It’s currently the second largest shareholder in Juventus, but it still trails the largest and controlling shareholder, the Agnelli family, by a very large margin. The Agnelli family, via it’s holding company, Exor, owns around 65% of Juventus shares and has been leading the club for over a century, and so far, seems unwilling to part with its shares…

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Filed under: News - @ November 7, 2025 8:33 pm