Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
⚽📢🏆Cryptocurrency enters the field: Tether makes an official bid to acquire “Juventus” completely
Football giants continue to attract the attention of the biggest players in the new financial world. This time — not from Middle Eastern funds, but from the heart of the crypto industry.
🤔What’s happening:
The issuer of the largest stablecoin USDT(market capitalization >$110 billion) — Tether — has officially proposed to acquire the legendary Italian football club “Juventus” in full. This is not just an investment, but a step toward full control.
⚽Personal narrative:
Tether CEO Paolo Ardoino publicly called the club “a part of his life” and “a symbol of Italian excellence.” This indicates an emotional and strategic underpinning of the deal: the crypto giant’s entry into the premium traditional assets market through leadership’s personal connection.
ℹ️Why is this important:
1. A new vector for crypto capital: Tether demonstrates that excess liquidity (in USDT backing) can be directed not only into government bonds but also into prestigious, highly liquid sports assets.
2. Legitimization through sports: Ownership of one of the most titled clubs in the world signals stability, ambitions, and long-term plans of the company, which is often criticized for lack of transparency.
3. Hedging strategy: In times of economic uncertainty, top-tier clubs are not only prestigious but also real assets with sustainable cash flows (media rights, sponsorship, merchandise).
Context:
The crypto industry is actively exploring sports: from sponsorships to club tokenization. But a full acquisition of a club like “Juventus” is a qualitatively new level, transitioning from partnership to ownership.
🤔$What’s next?
If the deal goes through, we can expect:
· Integration of Web3 products into the club’s ecosystem (NFTs, fan tokens, USDT payments).
· Increased regulatory attention to the connection between Tether and traditional assets.
· Waves of similar initiatives from other crypto giants.
Is this a prestigious investment, strategic hedging, or the first step toward creating a global crypto empire that goes far beyond finance?