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Juventus Fan Token JUV rises over 35.5% in 24 hours, with Tether being its second largest shareholder.
On August 15, according to CEX market information, the fan token zone is experiencing a general rise, among which: Juventus fan token JUV is currently reported at 1.79 USD, with a 24-hour rise of 35.5%; Manchester City fan token CITY is currently reported at 1.28 USD, with a 24-hour rise of 13.98%; Porto fan token PORTO is currently reported at 1.09 USD, with a 24-hour rise of 9.17%; AC Milan fan token ACM is currently reported at 1.17 USD, with a 24-hour rise of 7.49%; the rise of Juventus fan token JUV may be due to its connection with Tether, which is currently the second-largest shareholder after Juventus' primary shareholder Exor NV. Exor is an investment company of the Italian billionaire Agnelli family, which has been managing this football club for over a century. According to a statement from Tether, Tether is also seeking to obtain a seat on Juventus' board. Before 2025, no mainstream European football club had listed a cryptocurrency company as one of its major shareholders. Tether first disclosed its stake in Juventus in February of this year, and by April, its shareholding had reached 10.7%. This portion of shares was valued at approximately 128 million euros (about 149 million USD) when disclosed in June. Tether has performed remarkably in the stablecoin market, with USDT's market capitalization exceeding 160 billion USD, accounting for about 60% of the stablecoin market, far surpassing its competitor USDC's approximately 64.7 billion USD. Tether recorded a net profit of 4.9 billion USD in Q2 2025.