The post Tether’s Cash Offer for Juventus Ownership Rejected by Exor appeared on BitcoinEthereumNews.com. Key Points: Tether’s €540M bid for Juventus was rejectedThe post Tether’s Cash Offer for Juventus Ownership Rejected by Exor appeared on BitcoinEthereumNews.com. Key Points: Tether’s €540M bid for Juventus was rejected

Tether’s Cash Offer for Juventus Ownership Rejected by Exor

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Key Points:
  • Tether’s €540M bid for Juventus was rejected.
  • Juventus shares and the JUV token saw significant rises.
  • Potential for future partnerships impacting crypto-sports dynamics.

Tether has made a binding all-cash offer to acquire a 65.4% stake in Juventus Football Club from Exor, pending necessary approvals, reflecting its ambitions in sports investments.

This potential acquisition could shake the football industry’s dynamics, with a notable 30% surge in Juventus shares and its fan token soaring amid crypto-sports interactions.

Tether’s €540M Bid for Juventus Rejected by Exor

Tether and Exor were at the forefront of a transaction involving Juventus Football Club. This involved Tether’s binding offer to acquire Exor’s shares or a substantial 65.4% that was valued at approximately €540 million. If completed, Tether intended to make subsequent offers for remaining shares and invest further in the club upon acquisition.

Tether’s CEO Paolo Ardoino expressed admiration for Juventus, highlighting shared values of “commitment, resilience, and responsibility,” appealing to potential investors and supporters. Meanwhile, the Agnelli family’s decision to retain its stake underscores its long-time connection with the club.

Market reactions following the announcement included a sharp rise in Juventus shares, which climbed as much as 30%, bringing its valuation close to €1 billion. Likewise, the JUV fan token experienced a significant price surge, further underscoring the profound interplay between crypto assets and traditional sports markets.

Juventus Token Soars 34.92% Amidst Acquisition Bid

Did you know? Tether’s attempt to acquire Juventus marks one of the most substantial efforts by a crypto entity to take majority control of a historic European football club.

The Juventus Fan Token (JUV) is currently trading at $0.83, recording a market cap of $11,480,017.64, according to CoinMarketCap. The token’s trading volume hit $113,354,734.18 with a 2594.01% increase. It surged 34.92% over 24 hours, despite long-term downturns.

Juventus Fan Token(JUV), daily chart, screenshot on CoinMarketCap at 19:01 UTC on December 13, 2025. Source: CoinMarketCap

Coincu analysts anticipate strategic partnerships or new sponsorships if Tether’s bid is readdressed, possibly impacting regulatory approval and financial landscape in crypto-related sports sponsorships. Historical interactions between sports and crypto demonstrate potential for evolving partnerships.

Source: https://coincu.com/news/tether-bid-juventus-rejected/

Market Opportunity
CreatorBid Logo
CreatorBid Price(BID)
$0.00764
$0.00764$0.00764
+1.78%
USD
CreatorBid (BID) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

[Vantage Point] How Corporate Philippines is quietly war-gaming a supply shock

[Vantage Point] How Corporate Philippines is quietly war-gaming a supply shock

An empty gas station along Kalayaan Avenue in Quezon City is seen without customers because its fuel supply ran out on March 9, 2026, ahead of a new round of oil
Share
Rappler2026/03/31 12:00
Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users

Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users

Ondo Finance, a U.S.-based digital asset firm specializing in bringing traditional financial products on-chain through tokenization, is expanding its yieldcoin USDY to the Stellar network. This lates update marks a step forward in merging tokenized real-world assets with a global payments infrastructure, unlocking new opportunities for users worldwide. The announcement was made at the Stellar Meridian event in Copacabana, Rio de Janeiro, on September 17. USDY Joins the Stellar Ecosystem Ondo Finance, a recognized leader in tokenized real-world assets, announced the deployment of United States Dollar Yield (USDY) on Stellar, the payments-focused blockchain known for speed and low transaction costs. USDY is the most widely available “yieldcoin,” offering investors access to onchain assets backed by U.S. Treasuries. This launch allows Stellar’s global user base to tap into permissionless, yield-bearing assets tied to one of the safest financial instruments in the world. It also aligns with Stellar’s mission of driving fast, affordable cross-border payments. Combining Yield with Payments Infrastructure “Stablecoins unlocked global access to the U.S. dollar. With USDY, we’re taking the next step by bringing U.S. Treasuries onchain in a form that combines stability, liquidity, and yield,” said Ian De Bode, Chief Strategy Officer at Ondo Finance. “Fast, affordable cross-border payments are at the center of what Stellar was designed to do. The global reach of the Stellar ecosystem combined with a yield-bearing asset like USDY levels up what is possible onchain, allowing wallets and businesses to offer yield opportunities to their users,” said Denelle Dixon, CEO of the Stellar Development Foundation. Ondo claims by pairing USDY with Stellar’s infrastructure, new possibilities open up in treasury management, collateralization, and everyday financial applications. Unlocking Institutional and Retail Use Cases USDY currently manages over $650 million in total value locked (TVL) across nine blockchains and offers a 5.3% APY. By launching on Stellar, Ondo Finance extends these benefits to global retail and institutional users. The firm explains balances on Stellar can now become productive, supporting use cases such as onchain savings, institutional treasury strategies, cost-efficient collateral for DeFi protocols, and remittance flows that carry yield rather than remaining static. A Milestone for Tokenized Treasuries With the integration of USDY, Stellar users gain more than just access to stable-value assets—they gain access to institutional-grade yield. For investors outside the U.S., the launch represents a new way to combine the safety of Treasuries with the accessibility of blockchain technology. As tokenization accelerates globally, Ondo Finance’s decision to deploy USDY on Stellar reinforces the narrative that blockchain is not just about speculation, but about reimagining the global financial system through secure, yield-bearing digital assets
Share
CryptoNews2025/09/18 00:46
Midas Raises $50M for Instant Liquidity Layer in Tokenized RWAs

Midas Raises $50M for Instant Liquidity Layer in Tokenized RWAs

The post Midas Raises $50M for Instant Liquidity Layer in Tokenized RWAs appeared on BitcoinEthereumNews.com. Tokenization startup Midas’s Series A round was led
Share
BitcoinEthereumNews2026/03/31 12:06