Tether's CEO Ardoino revealed that Tether has been blocked from participating in Juventus's capital raise, ranging between €15 million and €110 million.
Ardoino expressed Tether's willingness to invest in Juventus for long-term growth but emphasized the need for formal approval from the club's management.
Despite being unable to participate in the current capital raise, Tether maintains a strong partnership with Juventus and continues to show support for the club's future.
This setback has disappointed fans who anticipated direct investment from Tether in Juventus's revival efforts.