$USDT Tether’s $1 billion bid to acquire Italian soccer club Juventus was rejected by majority shareholder Exor, impacting related fan token prices[1].
The Juventus Fan Token dropped over 13% following the news[2].
Tether’s move highlights stablecoin firms’ growing ambitions in mainstream sectors.
Broader crypto markets declined, but USDT outperformed the CD20 index.
BTCUSDT
Perp
87,540.4
+1.97%