Tether is set to propose changes to the board of Juventus, where it holds a 10.7% stake, and plans to inject $129 million in new capital. This move signifies Tether's strategic involvement in the football club's governance and financial structure.
In other news, Coinbase CEO Brian Armstrong expressed optimism about U.S. crypto regulation, indicating that clear rules are forthcoming. Meanwhile, BlackRock's $IBIT is approaching $100 billion in assets under management, showcasing strong profitability despite being a relatively new fund.
Additionally, BitMine has significantly increased its Ethereum holdings, purchasing 179,000 ETH in the past week, bringing its total to 2,830,151 ETH. Opendoor, a major real estate company, announced it will start accepting Bitcoin and other cryptocurrencies for payments, marking a significant shift in the real estate payment landscape.
Tether to Propose Board Changes for Juventus, Adds $129M Capital
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